BNP Paribas Exane downgraded LVMH (LVMUY) to Neutral from Outperform with a EUR 560 price target The firm cites company-specific issues for the downgrade.
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Read More on LVMUY:
- LVMH downgraded to Hold from Buy at HSBC
- LVMH’s Strategic Initiatives and Brand Strengths Signal Long-Term Growth Potential Despite Short-Term Challenges
- LVMH price target lowered to EUR 569 from EUR 650 at UBS
- LVMH price target lowered to EUR 610 from EUR 650 at JPMorgan
- LVMH price target lowered to EUR 680 from EUR 750 at RBC Capital