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LVMH Drops Following Quick Rally, RBC Still Sees Recovery for Luxury
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LVMH Drops Following Quick Rally, RBC Still Sees Recovery for Luxury
LVMH shares slipped 0.49% to €489.90 in Paris after a four-day rebound, as investors weighed RBC’s reiterated Buy rating with a €600 target against ongoing 2026 losses and a 24% year-to-date drop; all eyes now turn to July’s first-half results for signs of recovery in Fashion & Leather Goods and any relief from Middle East weakness. The post LVMH Drops Following Quick Rally, RBC Still Sees Recovery for Luxury appeared first on TechStock².
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