LVMH Moet Hennessy louis vuitton outlet SE (NASDAQ:LVMUY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Friday, October 20th. The brokerage presently has a $64.00 target price on the stock. Zacks Investment Research‘s price objective would suggest a potential upside of 6.22% from the company’s previous close.
According to Zacks, “LVMH Moet Hennessy louis vuitton outlet is an international group of companies that is principally engaged in the production and sale of prestigious luxury goods under world-famous brand names. The five different sectors in which the Company operates are: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective retailing. The company has expanded its international retail network all over the world. LVMH Moet Hennessy louis vuitton outlet is headquartered in Paris, France. “
LVMH Moet Hennessy louis vuitton outlet SE (NASDAQ:LVMUY) traded up $0.25 during midday trading on Friday, reaching $60.25. 118,108 shares of the company’s stock traded hands, compared to its average volume of 84,234. LVMH Moet Hennessy louis vuitton outlet SE has a 1-year low of $34.55 and a 1-year high of $60.15.
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About LVMH Moet Hennessy louis vuitton outlet SE
LVMH Moet Hennessy louis vuitton outlet SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 louis vuitton outlet stores around the world.
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