HERMÈS : Barclays raises its price target
The analyst - who maintains his 'overweight' recommendation on the stock - explains that he expects the sector to show a degree of 'resilience' in 2023, despite the many risks associated with the economic climate.
According to its forecasts, the sector should generate growth of 9% this year, supported by the reopening of the Chinese economy and the possibility of a "soft landing" for growth in the USA and Europe.
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