JPMorgan lowered the firm’s price target on Hermes (HESAY) to EUR 2,650 from EUR 2,700 and keeps a Neutral rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HESAY:
- Hermes reports Q1 revenue EUR 4.1B, up 9% from last year
- Hermes upgraded to Buy from Hold at Deutsche Bank
- Hermes price target raised to EUR 2,461 from EUR 2,165 at Citi
- Hermes International: A Strong Buy for Its Market Position and Growth Potential
- Hermes price target lowered to EUR 2,820 from EUR 2,850 at Barclays