Luxury shares drop amid muted analyst reaction to LVMH sales growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/4/2026
- S&P 500, Dow slide after jobs report fuels rate-hike bets
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil heads for weekly gain as US-Iran fighting resumes; diesel hits record high
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
CFRA Downgrades LVMH (MC:FP) (LVMUY) to Hold
January 29, 2025 8:39 AM ESTCFRA analyst Zachary Warring downgraded LVMH (MC:FP) (OTC: LVMUY) from Strong Buy to Hold with a price target of EUR750.00 (from EUR800.00).
The analyst comments "We lower our 12-month target by EUR50 to EUR750 on 25.0x our 2025 EPS estimate, in between the... More
