Zacks Investment Research upgraded shares of Zalando Se (NASDAQ:ZLNDY) from a sell rating to a hold rating in a report issued on Friday.

According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “

Shares of Zalando Se (NASDAQ:ZLNDY) remained flat at $19.85 during mid-day trading on Friday. The company has a market cap of $9.81 billion and a PE ratio of 80.04. The stock has a 50-day moving average of $0.00 and a 200-day moving average of $0.00. Zalando Se has a one year low of $12.46 and a one year high of $22.07.

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