Golden 10 finishing: luxury giant LVMH was "cut down" by a number of investment banks

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  1. UBS: Lowered LVMH's price target to €569 from €650. 2. JPMorgan Chase: Lowered LVMH's price target to 610 euros from 650 euros, 3. Deutsche Bank: lowered LVMH's price target to 565 euros from 580 euros. 4. Jefferies Group: Lowered LVMH's price target to 510 euros from 670 euros, 5. Royal Bank of Canada: lowered LVMH's price target to 680 euros from 750 euros. 6. Kepler Cheuvreux: lowered LVMH's price target to 675 euros from 750 euros. 7. Morgan Stanley: lowered LVMH's price target to 590 euros from 740 euros and downgraded its rating from overweight to standard.
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