StreetInsider.com News Articles

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”

According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading

This 'resilient' luxury stock will continue outperforming the market: Barclays

Fri, 13 Dec 2024 09:00:00 -0400

Hermès International, known for its exclusivity and strong brand reputation, is expected to maintain its trajectory of outperforming the broader market, as per analysts at Barclays.

Barclays reaffirmed an "overweight" rating for Hermès, flagging the company’s resilience in a challenging luxury sector environment. The price target was raised to €2,480 from €2,220.

Barclays analysts pointed to Hermès' distinctive business model as a key driver of its sustained success.

Even amidst macroeconomic pressures affecting the luxury sector, Hermès is forecasted to deliver a 10% growth in constant foreign exchange for the fourth quarter of 2024, outpacing the sector's expected 3% contraction.

Regional

This 'resilient' luxury stock will continue outperforming the market: Barclays

Fri, 13 Dec 2024 09:00:00 -0400

Hermès International, known for its exclusivity and strong brand reputation, is expected to maintain its trajectory of outperforming the broader market, as per analysts at Barclays.

Barclays reaffirmed an "overweight" rating for Hermès, flagging the company’s resilience in a challenging luxury sector environment. The price target was raised to €2,480 from €2,220.

Barclays analysts pointed to Hermès' distinctive business model as a key driver of its sustained success.

Regional

This European luxury stock, not LVMH, is 'best positioned for 2024' – BofA

Mon, 12 Feb 2024 23:00:00 -0400

In a note to clients Monday, BofA analysts observed that despite normalization elsewhere in the luxury sector, one stock delivered double-digit revenue, peak margin and a special dividend, and is set to beat consensus in 2024.

Luxury goods company Hermes (OTC: HESAF) was reiterated at Buy while the price target on the stock was raised to €3000 from €2300.

The company is a top pick in luxury for BofA, even as it delivered stellar Q4 earnings, with revenues +18% cFX and 2H23 EBIT of €2.7 billion which was over 13% higher YoY and 5% ahead of expectations.

With Q4 growth acceleration, the company’s

This European luxury stock, not LVMH, is 'best positioned for 2024' – BofA

Mon, 12 Feb 2024 23:00:00 -0400

Luxury goods company Hermes (OTC: HESAF) was reiterated at Buy while the price target on the stock was raised to €3000 from €2300.

With Q4 growth acceleration, the company’s

Midday movers: AutoZone, Broadcom, Lowe's and more

Tue, 23 May 2023 14:23:56 -0400

Investing.com -- Stocks are falling as uncertainty over a resolution to the debt ceiling weighed on sentiment. Here are the market movers for May 23.

AutoZone Inc (NYSE:AZO) shares fell 6.3% after the retailer of auto parts missed revenue and same-store sales expectations for the recent quarter as inventory rose.
Broadcom Inc (NASDAQ:AVGO) shares rose 2% after the chip maker reported a multi-year agreement to make 5G radio frequency components for Apple (NASDAQ:AAPL). Shares of Apple dipped 0.8%.
Lowe’s Companies Inc (NYSE:LOW) shares rose 1.6% after the home improvement retailer reported better than expected adjusted earnings per share in the first quarter