Telsey Advisory raised the firm’s price target on LVMH (LVMUY) to EUR 715 from EUR 585 and keeps an Outperform rating on the shares. Telsey is providing its top picks and outlook for 2026, the analyst tells investors. Telsey names LVMH as one of its top picks in Specialty, Luxury, and Beauty, believing the company’s highly diversified portfolio of strong brands is a competitive advantage.
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