Morgan Stanley lowered the firm’s price target on L’Oreal (LRLCY) to EUR 394 from EUR 430 and keeps an Overweight rating on the shares.
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Read More on LRLCY:
- L’Oreal downgraded to Hold from Buy at DZ Bank
- L’Oreal price target lowered to EUR 400 from EUR 420 at Citi
- L’Oreal price target lowered to EUR 335 from EUR 350 at Deutsche Bank
- Jefferies expects selloff in L’Oreal with sales ‘rapidly cooling’
- L’Oreal’s Q3 sales well below expectations, says Jefferies