LVMH Stock Has Lagged. Why It Could Be a Buy Before Earnings. - Barron's
1. LVMH's recent sales remain disappointing but show signs of stabilization. 2. China's economic slump affects luxury sales, but U.S. consumption rebounding. 3. HSBC analyst raises LVMH price target to €747, indicating a potential buy. 4. Management changes unlikely to impact, as Arnault remains CEO till 2028. 5. 71% of analysts now rate LVMH as Buy, up from 64% in summer.