UBS downgraded Hermes (HESAY) to Neutral from Buy with a price target of EUR 2,389, down from EUR 2,704. The firm sees downside risk to 2026 estimates on increasing cyclicality.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HESAY: