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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue