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Berenberg bullish on Dr Martens' new growth strategy
By Benjamin Chiou
Date: Friday 06 Jun 2025
(Sharecast News) - Berenberg has hiked its target price for Dr Martens by a tenth and kept a 'buy' rating on the stock following the bootmaker's stronger-than-expected annual results this week.
Shares in the footwear company surged on Thursday after it beat company-compiled consensus forecasts for adjusted profits by 11%. 
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