PRADA S P A/ADR (OTCMKTS:PRDSY) Upgraded to Market Perform by Sanford C. Bernstein

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PRADA S P A/ADR (OTCMKTS:PRDSY) was upgraded by investment analysts at Sanford C. Bernstein from an “underperform” rating to a “market perform” rating in a research note issued to investors on Tuesday, The Fly reports.

A number of other equities analysts have also recently weighed in on the company. Goldman Sachs Group cut PRADA S P A/ADR from a “neutral” rating to a “sell” rating in a report on Thursday, June 27th. Citigroup cut PRADA S P A/ADR from a “neutral” rating to a “sell” rating in a report on Tuesday, June 11th.

Shares of OTCMKTS PRDSY opened at $6.25 on Tuesday. PRADA S P A/ADR has a 1-year low of $5.38 and a 1-year high of $10.05. The stock’s 50-day moving average is $5.97 and its 200 day moving average is $6.00.

About PRADA S P A/ADR

Prada S.p.A., together with its subsidiaries, designs, produces, sells, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle East, and Africa. The company offers its products under the Prada, Miu Miu, Church's, Car Shoe, and Pasticceria Marchesi brands.

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