Kepler Cheuvreux downgraded Hermes (HESAY) to Hold from Buy with a price target of EUR 2,900, up from EUR 2,600. The firm says it is time to “look for the most punished names” in European luxury.
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Read More on HESAY:
- Hermes price target raised to EUR 2,850 from EUR 2,540 at Barclays
- Hermes downgraded to Sell from Hold at DZ Bank
- Hermes price target raised to EUR 3,000 from EUR 2,600 at Morgan Stanley
- Hermes price target raised to EUR 2,700 from EUR 2,300 at JPMorgan
- Hermes price target raised to EUR 2,950 from EUR 2,600 at Berenberg