LVMH : Bernstein reiterates its Buy rating -January 26, 2024 at 06:42 am EST
In a research note published by Luca Solca, Bernstein advises its customers to buy the stock. The target price is unchanged at EUR 849.
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In a research note published by Luca Solca, Bernstein advises its customers to buy the stock. The target price is unchanged at EUR 849.
When Antoine Arnault was just 14 years old, he sent his newly-born baby brother a postcard. “Dear Alexandre,” Antoine wrote. “I hope that your birth went well and that you are alright. I advise you to start working right away.”
Fashion tycoon Bernard Arnault, the head of French multinational conglomerate LVHM, is expected to nominate Alexandre, 31, and Frédéric, 29, to the board of the company.
Alexandre and Frédéric Arnault are poised to join their siblings on the LVMH board
The Swatch Group has announced that it missed profit forecasts for 2023 as sales were hit by a strong Swiss franc.