Bernstein upgraded Hermes to Outperform from Market Perform with a price target of EUR 2,493, up from EUR 2,413. The analyst increased growth expectations after the company’s “strong” Q1 report. The firm says Hermes “ticks both the structural advantage and brand momentum boxes.”
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 HESAY: