Zalando SE
ZAL: XHAN (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.^>>N%@ | LOCK|#<X | LOCK|z$d!<! |
Zalando: Returns to Growth and Upgrades Guidance, Which Supports Our Thesis
We are retaining our fair value estimate for no-moat Zalando after the company upgraded its full-year outlook on stronger-than-expected third-quarter demand.
