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Morgan Stanley Sticks to Their Hold Rating for LVMH Moet Hennessy Louis Vuitton (0HAU)

Tipranks - Tipranks - Sat May 16, 3:40PM CDT

In a report released today, Edouard Aubin from Morgan Stanley maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton, with a price target of €540.00.

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According to TipRanks, Aubin is a 2-star analyst with an average return of 0.4% and a 43.82% success rate.

In addition to Morgan Stanley, LVMH Moet Hennessy Louis Vuitton also received a Hold from Berenberg Bank’s Nick Anderson CFA in a report issued on May 11. However, yesterday, Deutsche Bank maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (LSE: 0HAU).

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Based on LVMH Moet Hennessy Louis Vuitton’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €41 billion and a net profit of €5.18 billion. In comparison, last year the company earned a revenue of €43.01 billion and had a net profit of €5.28 billion

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