Jefferies lowered the firm’s price target on L’Oreal (LRLCY) to EUR 323 from EUR 326 and keeps an Underperform rating on the shares following Q1 results.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LRLCY:
- L’Oréal: Solid Q1 but Stable Growth Fails to Justify Premium Valuation, Supporting Sell Rating
- L’Oreal reports Q1 sales EUR 12.15B vs. EUR 11.73B last year
- L’Oréal Downgraded to Sell on Signs of Softening Luxury Beauty Demand and Competitive Pressure in Prestige Segment
- Retail and Streaming Come Together in New Walmart and Vizio Account Service
- L’Oreal price target raised to EUR 370 from EUR 367 at Morgan Stanley