Morgan Stanley lowered the firm’s price target on LuxExperience (LUXE) to $9 from $10 and keeps an Equal Weight rating on the shares after updating the firm’s model for FY25 results reported last week and the company’s FY26 outlook.
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Read More on LUXE:
- Oliver Chen Reaffirms Buy Rating with $14 Target Amid Favorable Valuation Metrics
- LuxExperience B.V. Reports Strong FY25 Results
- Morning Movers: CarMax slips following second quarter results
- LuxExperience reports Q4 gross profit EUR 60.3M vs. EUR 82.5M last year
- LuxExperience sees FY26 GMV at EUR 2.5B-2.9B