Morgan Stanley (NYSE:MS) reiterated its Overweight rating on LVMH Moet Hennessy Louis Vuitton SE (MC:FP) (OTC: OTC:LVMUY), accompanied by a steady price target of EUR820.00. The reiteration came after LVMH reported its fourth-quarter sales,
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that will add to hopes the sector has turned a corner.
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Investing.com -- Morgan Stanley (NYSE: MS) lifted its rating on LVMH (EPA: LVMH) stock to Overweight from Equal Weight, citing “materially improved” prospects for the luxury fashion giant and company-specific factors.
PARIS (Reuters) - Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from 'equal weight'.
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with
PARIS (Reuters) -Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.
PARIS (Reuters) -Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.
JPMorgan reiterated its Neutral rating on LVMH (MC:FP) (OTC: LVMUY) shares, maintaining a price target of EUR650.00. Trading at $155.17, the luxury giant's stock has gained 18.73% year-to-date, though InvestingPro analysis suggests the stock is currently trading above its Fair Value.