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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,650 at HSBC</title>
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   <description>HSBC analyst Anne-Laure Bismuth lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,650.00  (from EUR1,870.00) while maintaining a Hold rating.</description>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,650 at HSBC</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C650+at+HSBC/27038145.html</link>
   <description>HSBC analyst Anne-Laure Bismuth lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,650.00  (from EUR1,870.00) while maintaining a Hold rating.</description>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,650 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C650+at+HSBC/27038145.html</link>
   <description>HSBC analyst Anne-Laure Bismuth lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,650.00  (from EUR1,870.00) while maintaining a Hold rating.</description>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,650 at HSBC</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C650+at+HSBC/27038145.html</link>
   <description>HSBC analyst Anne-Laure Bismuth lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,650.00  (from EUR1,870.00) while maintaining a Hold rating.</description>
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   <title>RBC Capital Downgrades Hermes International (RMS:FP) (HESAY) to Sector Perform</title>
   <link>http://www.streetinsider.com/Intl+Ratings/RBC+Capital+Downgrades+Hermes+International+%28RMS%3AFP%29+%28HESAY%29+to+Sector+Perform/26939503.html</link>
   <description>&lt;p&gt;RBC Capital analyst Piral Dadhania downgraded Hermes International (RMS:FP) (OTC: HESAY) from Outperform to Sector Perform with a price target of EUR1,700.00 (from EUR1,900.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade Hermès to Sector Perform with a revised €1,700 price target (from €1,900). The growth premium that justified its valuation premium vs the sector is converging - we estimate a 2ppt revenue/EBIT CAGR differential from CY27E onwards, with higher Leather Goods division reliance. Our forecasts also point to modest ROIC dilution from a very high base in the coming years. Current valuation (~32x FY27E P/E) arguably reflects some of these factors, and we</description>
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   <pubDate>Tue, 18 Aug 2026 02:02:56 -0400</pubDate>
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   <title>RBC Capital Downgrades Hermes International (RMS:FP) (HESAY) to Sector Perform</title>
   <link>http://www.streetinsider.com/Intl+Ratings/RBC+Capital+Downgrades+Hermes+International+%28RMS%3AFP%29+%28HESAY%29+to+Sector+Perform/26939503.html</link>
   <description>&lt;p&gt;RBC Capital analyst Piral Dadhania downgraded Hermes International (RMS:FP) (OTC: HESAY) from Outperform to Sector Perform with a price target of EUR1,700.00 (from EUR1,900.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade Hermès to Sector Perform with a revised €1,700 price target (from €1,900). The growth premium that justified its valuation premium vs the sector is converging - we estimate a 2ppt revenue/EBIT CAGR differential from CY27E onwards, with higher Leather Goods division reliance. Our forecasts also point to modest ROIC dilution from a very high base in the coming years. Current valuation (~32x FY27E P/E) arguably reflects some of these factors, and we</description>
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   <pubDate>Tue, 18 Aug 2026 02:02:56 -0400</pubDate>
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   <title>RBC Capital Downgrades Hermes International (RMS:FP) (HESAY) to Sector Perform</title>
   <link>http://www.streetinsider.com/Downgrades/RBC+Capital+Downgrades+Hermes+International+%28RMS%3AFP%29+%28HESAY%29+to+Sector+Perform/26939503.html</link>
   <description>&lt;p&gt;RBC Capital analyst Piral Dadhania downgraded Hermes International (RMS:FP) (OTC: HESAY) from Outperform to Sector Perform with a price target of EUR1,700.00 (from EUR1,900.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade Hermès to Sector Perform with a revised €1,700 price target (from €1,900). The growth premium that justified its valuation premium vs the sector is converging - we estimate a 2ppt revenue/EBIT CAGR differential from CY27E onwards, with higher Leather Goods division reliance. Our forecasts also point to modest ROIC dilution from a very high base in the coming years. Current valuation (~32x FY27E P/E) arguably reflects some of these factors, and we</description>
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   <title>RBC Capital Downgrades Hermes International (RMS:FP) (HESAY) to Sector Perform</title>
   <link>http://www.streetinsider.com/Downgrades/RBC+Capital+Downgrades+Hermes+International+%28RMS%3AFP%29+%28HESAY%29+to+Sector+Perform/26939503.html</link>
   <description>&lt;p&gt;RBC Capital analyst Piral Dadhania downgraded Hermes International (RMS:FP) (OTC: HESAY) from Outperform to Sector Perform with a price target of EUR1,700.00 (from EUR1,900.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade Hermès to Sector Perform with a revised €1,700 price target (from €1,900). The growth premium that justified its valuation premium vs the sector is converging - we estimate a 2ppt revenue/EBIT CAGR differential from CY27E onwards, with higher Leather Goods division reliance. Our forecasts also point to modest ROIC dilution from a very high base in the coming years. Current valuation (~32x FY27E P/E) arguably reflects some of these factors, and we</description>
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   <title>RBC Capital Downgrades Hermes International (RMS:FP) (HESAY) to Sector Perform</title>
   <link>http://www.streetinsider.com/Analyst+Comments/RBC+Capital+Downgrades+Hermes+International+%28RMS%3AFP%29+%28HESAY%29+to+Sector+Perform/26939503.html</link>
   <description>&lt;p&gt;RBC Capital analyst Piral Dadhania downgraded Hermes International (RMS:FP) (OTC: HESAY) from Outperform to Sector Perform with a price target of EUR1,700.00 (from EUR1,900.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade Hermès to Sector Perform with a revised €1,700 price target (from €1,900). The growth premium that justified its valuation premium vs the sector is converging - we estimate a 2ppt revenue/EBIT CAGR differential from CY27E onwards, with higher Leather Goods division reliance. Our forecasts also point to modest ROIC dilution from a very high base in the coming years. Current valuation (~32x FY27E P/E) arguably reflects some of these factors, and we</description>
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   <title>RBC Capital Downgrades Hermes International (RMS:FP) (HESAY) to Sector Perform</title>
   <link>http://www.streetinsider.com/Analyst+Comments/RBC+Capital+Downgrades+Hermes+International+%28RMS%3AFP%29+%28HESAY%29+to+Sector+Perform/26939503.html</link>
   <description>&lt;p&gt;RBC Capital analyst Piral Dadhania downgraded Hermes International (RMS:FP) (OTC: HESAY) from Outperform to Sector Perform with a price target of EUR1,700.00 (from EUR1,900.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade Hermès to Sector Perform with a revised €1,700 price target (from €1,900). The growth premium that justified its valuation premium vs the sector is converging - we estimate a 2ppt revenue/EBIT CAGR differential from CY27E onwards, with higher Leather Goods division reliance. Our forecasts also point to modest ROIC dilution from a very high base in the coming years. Current valuation (~32x FY27E P/E) arguably reflects some of these factors, and we</description>
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   <pubDate>Tue, 18 Aug 2026 02:02:56 -0400</pubDate>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,920 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C920+at+Deutsche+Bank/26907887.html</link>
   <description>Deutsche Bank analyst Francesca DiPasquantonio lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,920.00  (from EUR2,320.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C920+at+Deutsche+Bank/26907887.html</guid>
   <pubDate>Wed, 12 Aug 2026 04:07:20 -0400</pubDate>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,920 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C920+at+Deutsche+Bank/26907887.html</link>
   <description>Deutsche Bank analyst Francesca DiPasquantonio lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,920.00  (from EUR2,320.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C920+at+Deutsche+Bank/26907887.html</guid>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,920 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C920+at+Deutsche+Bank/26907887.html</link>
   <description>Deutsche Bank analyst Francesca DiPasquantonio lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,920.00  (from EUR2,320.00) while maintaining a Buy rating.</description>
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   <title>Hermes International (HRMS:FP) (HESAY) PT Lowered to EUR1,920 at Deutsche Bank</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Hermes+International+%28HRMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C920+at+Deutsche+Bank/26907887.html</link>
   <description>Deutsche Bank analyst Francesca DiPasquantonio lowered the price target on Hermes International (HRMS:FP) (OTC: HESAY) to EUR1,920.00  (from EUR2,320.00) while maintaining a Buy rating.</description>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,689 at Citi</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28RMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C689+at+Citi/26900093.html</link>
   <description>Citi analyst Thomas Chauvet lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,689.00  (from EUR1,700.00) while maintaining a Neutral rating.</description>
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   <pubDate>Tue, 11 Aug 2026 04:40:16 -0400</pubDate>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,689 at Citi</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28RMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C689+at+Citi/26900093.html</link>
   <description>Citi analyst Thomas Chauvet lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,689.00  (from EUR1,700.00) while maintaining a Neutral rating.</description>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,689 at Citi</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Hermes+International+%28RMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C689+at+Citi/26900093.html</link>
   <description>Citi analyst Thomas Chauvet lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,689.00  (from EUR1,700.00) while maintaining a Neutral rating.</description>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,689 at Citi</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Hermes+International+%28RMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C689+at+Citi/26900093.html</link>
   <description>Citi analyst Thomas Chauvet lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,689.00  (from EUR1,700.00) while maintaining a Neutral rating.</description>
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   <title>Jefferies Reiterates Buy Rating on Hermes International (RMS:FP) (HESAY)</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Jefferies+Reiterates+Buy+Rating+on+Hermes+International+%28RMS%3AFP%29+%28HESAY%29/26860329.html</link>
   <description>&lt;p&gt;Jefferies analyst James Grzinic reiterated a Buy rating and EUR2,000.00 price target on Hermes International (RMS:FP) (OTC: HESAY).&lt;/p&gt;</description>
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   <title>Jefferies Reiterates Buy Rating on Hermes International (RMS:FP) (HESAY)</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Jefferies+Reiterates+Buy+Rating+on+Hermes+International+%28RMS%3AFP%29+%28HESAY%29/26860329.html</link>
   <description>&lt;p&gt;Jefferies analyst James Grzinic reiterated a Buy rating and EUR2,000.00 price target on Hermes International (RMS:FP) (OTC: HESAY).&lt;/p&gt;</description>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,695 at UBS</title>
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   <description>UBS analyst Zuzanna Pusz lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,695.00  (from EUR1,795.00) while maintaining a Neutral rating.</description>
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   <pubDate>Thu, 30 Jul 2026 09:03:36 -0400</pubDate>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,695 at UBS</title>
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   <description>UBS analyst Zuzanna Pusz lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,695.00  (from EUR1,795.00) while maintaining a Neutral rating.</description>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,695 at UBS</title>
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   <description>UBS analyst Zuzanna Pusz lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,695.00  (from EUR1,795.00) while maintaining a Neutral rating.</description>
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   <pubDate>Thu, 30 Jul 2026 09:03:36 -0400</pubDate>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,695 at UBS</title>
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   <description>UBS analyst Zuzanna Pusz lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,695.00  (from EUR1,795.00) while maintaining a Neutral rating.</description>
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   <title>Hermes International (RMS:FP) (HESAY) PT Lowered to EUR1,800 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Hermes+International+%28RMS%3AFP%29+%28HESAY%29+PT+Lowered+to+EUR1%2C800+at+JPMorgan/26837380.html</link>
   <description>JPMorgan analyst Chiara Battistini lowered the price target on Hermes International (RMS:FP) (OTC: HESAY) to EUR1,800.00  (from EUR2,000.00) while maintaining a Neutral rating.</description>
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   <pubDate>Thu, 30 Jul 2026 04:51:55 -0400</pubDate>
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