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Berenberg Bank Keeps Their Hold Rating on LVMH Moet Hennessy Louis Vuitton SE (LVMUY)

Tipranks - Tipranks - Sat Jan 31, 8:32AM CST

In a report released yesterday, from Berenberg Bank maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton SE, with a price target of $134.00. The company’s shares closed yesterday at $130.60.

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In addition to Berenberg Bank, LVMH Moet Hennessy Louis Vuitton SE also received a Hold from TipRanks – OpenAI’s OpenAI Luxury Goods in a report issued today. However, on the same day, TipRanks – PerPlexity reiterated a Buy rating on LVMH Moet Hennessy Louis Vuitton SE (Other OTC: LVMUY).

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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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