Prada (OTCMKTS:PRDSY) Upgraded at Bank of America

Prada (OTCMKTS:PRDSY) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, MarketBeat.com reports.

Prada Stock Up 1.0 %

PRDSY opened at $14.58 on Tuesday. Prada has a one year low of $10.15 and a one year high of $17.05. The business has a 50 day simple moving average of $14.13 and a two-hundred day simple moving average of $14.68.

About Prada

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.