Berenberg analyst Nick Anderson lowered the firm’s price target on LVMH (LVMUY) to EUR 550 from EUR 570 and keeps a Buy 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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVMUY:
- LVMH Earnings Call: Resilience Amidst Challenges
- LVMH: Navigating Short-Term Challenges with Strategic Growth and Recovery Potential
- LVMH in discussions to sell fashion brand Marc Jacobs, WSJ reports
- LVMH price target lowered to EUR 525 from EUR 540 at JPMorgan
- LVMH price target lowered to EUR 520 from EUR 535 at Deutsche Bank