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H&M Shares Rise 3.3% as Citi Puts Retailer on Positive Catalyst Watch; Consensus Points to 13% Downside
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H&M Shares Rise 3.3% as Citi Puts Retailer on Positive Catalyst Watch; Consensus Points to 13% Downside
STOCKHOLM, August 18, 2026, 14:37 CEST — Shares in H & M Hennes & Mauritz AB (STO:HM-B) rose 3.3% on Tuesday after Citi added the company to its positive catalyst watch ahead of September results. H&M shares climbed to SEK 178.40, standing 4.1% higher than Citi’s updated SEK 171 price target and 13.3% above the…
Citi sees several reasons why H&M's stock will rise in the near future. The bank also expects that SEK 1.5 billion in customs refunds could soon be deposited into the account.
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