🔴 LVMH is trading 3.05% down today after analyst target cuts and weaker luxury demand

LVMH is trading now 3.05% lower at $452 as analyst target cuts and weaker luxury-demand concerns pressure the shares.

• RBC downgraded LVMH to Sector Perform and reduced its target to €475 from €575, citing a weaker macroeconomic and luxury-demand environment through fiscal 2027.
• Jefferies also cut its target to €440 from €510; broader risk-off trading is weighing on equities. The decline extends recent weakness as luxury stocks remain pressured and LVMH’s market value has fallen below L’Oréal’s.