Deutsche Bank lowered the firm’s price target on LVMH to EUR 835 from EUR 845 and keeps a Hold rating on the shares.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LVMUY:
- LVMH reports 1H revenue EUR 42.2B, up 17% vs. last year
- Opening Day: Prestige Wealth soars in another slow IPO week
- Birkenstock owner considers IPO at $6B or more value, Bloomberg reports
- Capri Holdings (NYSE:CPRI): This Luxury Stock is in the Bargain Bin
- LVMH, Epic Games partner for Maisons’ creative pipeline, experiences