Morgan Stanley lowered the firm’s price target on LVMH to EUR 620 from EUR 715 and keeps an Equal Weight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 price target lowered to EUR 750 from EUR 800 at Telsey Advisory
- HSBC sees ‘misplaced hope’ about Estee Lauder, downgrades to Hold
- LVMH drops 10% to $125.91 after Q3 sales report
- LVMH reports Q3 revenue EUR 19.08B, consensus EUR 20.05B
- LVMH cites ‘uncertain’ economic, geopolitical environment in outlook