JPMorgan upgraded LuxExperience (LUXE) to Overweight from Neutral with a price target of $14, up from $9, after hosting investor meetings with management. The firm finds the stock’s near-term risk/reward profile as attractive with a “second-leg execution” equity value opportunity. LuxExperience is “expanding the lens” to comparable technology and e-commerce players, the analyst tells investors in a research note.
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