LVMH downgraded to Equal Weight from Overweight at Morgan Stanley https://www. tipranks. com/news/the-fly/pultegroup-price-target-raised-to-145-from-135-at-bofa-thefly TipRanks Tue, January 20, 2026 at 5:15 PM GMT+5:30 1 min read LVMHF LVMUY Morgan Stanley analyst Edouard Aubin downgraded LVMH (LVMUY) to Equal Weight from Overweight with an unchanged price target of EUR 635. The stock’s valuation is trading towards the top of its 20-year range, the analyst tells investors in a research note. Morgan Stanley sees a lack of catalysts to push the stock higher in the coming weeks.