Citi analyst Thomas Chauvet lowered the firm’s price target on LVMH (LVMUY) to EUR 657 from EUR 811 and keeps a Buy rating on the shares.
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Read More on LVMUY:
- LVMH price target lowered to EUR 540 from EUR 610 at JPMorgan
- 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
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