UBS has revised its price target for LVMH Moët Hennessy Louis Vuitton, raising it to 648 euros while keeping a "Neutral" rating.
Analyst Zuzanna Pusz noted that the luxury sector leader is currently facing uncertainties in the short term, which could impact its performance. Pusz's outlook, published on December 2, 2024, suggests a cautious approach as she waits for stronger sales momentum or a more attractive valuation before making further recommendations.
The report highlights the ongoing challenges in the luxury market and emphasizes the importance of LVMH effectively navigating these uncertainties.