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.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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