Berenberg raised the firm’s price target on Hermes (HESAY) to EUR 2,950 from EUR 2,600 and keeps a Buy rating on the shares. Hermes’ FY24 results confirm the strength of its unique business model, the analyst tells investors.
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Read More on HESAY:
- Hermès International Reports Strong 2024 Earnings Growth
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- Hermes International: Strong Growth and Strategic Positioning Justify Buy Rating
- Hermes upgraded to Buy from Hold at Erste Group
- Hermes price target raised to EUR 2,540 from EUR 2,480 at Barclays