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Berenberg Bank Sticks to Its Hold Rating for LVMH Moet Hennessy Louis Vuitton SE (LVMUY)
Berenberg Bank analyst maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton SE yesterday and set a price target of $97.00. The company’s shares closed yesterday at $112.25.
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Currently, the analyst consensus on LVMH Moet Hennessy Louis Vuitton SE is a Hold with an average price target of $97.00.
Based on LVMH Moet Hennessy Louis Vuitton SE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $40.69 billion and a net profit of $5.14 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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- LVMH price target lowered to EUR 540 from EUR 565 at Morgan Stanley
- LVMH price target lowered to EUR 600 from EUR 620 at Deutsche Bank
- LVMH upgraded to Overweight from Equal Weight at Barclays
- LVMH price target lowered to EUR 606 from EUR 621 at Citi
- LVMH price target lowered to EUR 560 from EUR 570 at Berenberg
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