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UBS Reaffirms Their Buy Rating on LVMH Moet Hennessy Louis Vuitton (0HAU)

Tipranks - Tipranks - Tue Oct 6, 4:28AM CDT

UBS analyst Zuzanna Pusz maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton today and set a price target of €525.00.

According to TipRanks, Pusz is a 4-star analyst with an average return of 5.2% and a 54.66% success rate.

In addition to UBS, LVMH Moet Hennessy Louis Vuitton also received a Buy from Bernstein’s Luca Solca in a report issued on September 29. However, on September 22, Jefferies maintained a Hold 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 June 30, the company reported a quarterly revenue of €38.64 billion and a net profit of €5.7 billion. In comparison, last year the company earned a revenue of €39.81 billion and had a net profit of €5.7 billion

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