FRANKFURT (dpa-AFX) - Zalando shares weakened on Friday after a better start. The online retailer's shares slipped by almost 3 percent. The day before, they had recovered by a good 10 percent at times after quarterly figures were released, but ultimately gave up a good portion of their gains.
Barclays expert Sarah Roberts assessed the quarterly results as encouraging. However, she said that the profit momentum in 2026 remains crucial for a revaluation. And this is currently very difficult to calculate, according to Roberts. She raised her price target slightly, but remains on the sidelines.
Zalando is the third-weakest DAX stock this year, down 28 percent./ag/jha/
