JPMorgan lowered the firm’s price target on LVMH (LVMUY) to EUR 540 from EUR 610 and keeps a Neutral rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVMUY:
- LVMH: Resilient Leadership and Growth Prospects Amid Market Challenges
- Shares in “Eat What You Kill” Investment Bank Evercore Soar as it Ramps Up European Expansion
- LVMH downgraded to Equal Weight from Overweight at Barclays
- Moet Hennessy to lay off 10% of its workers, FT reports
- LVMH downgraded to Neutral from Outperform at BNP Paribas Exane