Sebastien Foll

HSBC cuts its price target on Hermès

HSBC on Friday lowered its price target on Hermès to €1 700 from €1 821, while reiterating its "neutral" rating on the stock ahead of the release of the group's half-year results.

June 26, 2026 at 05:57 pm

Europe heads for a "cooling pause" as sector rotation stays in focus

Europe's main stock markets are expected to take a breather on Friday, with the sector rotation trend set to continue as mounting uncertainty hangs over the durability of the rally in US technology stocks, especially those tied to AI. The session, which should again be marked by intense heat across the Old Continent, looks quiet for equities, currencies and bond yields, with no major macroeconomic data on the calendar. Futures currently point to declines of between 0.5% and 0.7% for the Euro STOXX 50, Paris's CAC 40, Frankfurt's DAX and London's FTSE in early trading.

June 26, 2026 at 10:32 am

HSBC upgrades L'Oréal to Buy

HSBC on Thursday upgraded L'Oréal to "buy" from "hold" and raised its price target to €435 from €375, expecting the cosmetics group’s medium-term organic growth to accelerate, notably thanks to the integration of Kering Beauty, despite a quieter second half of 2026 expected.

June 25, 2026 at 06:05 pm

EssilorLuxottica in the red, analysts turn cautious ahead of half-year results

EssilorLuxottica shares are trading lower on Wednesday in Paris on the CAC 40 index, pressured by cautious analyst notes a little more than a month before the optical specialist reports its half-year results. Around 3:30 p.m., the stock is nonetheless paring its loss to about 0.5% at €167.2, after sliding as much as 4% around lunchtime. The name is among the most actively traded on the CAC today.

June 24, 2026 at 06:05 pm

L'Oréal stands out, Jefferies sees a second quarter ahead of expectations

L'Oréal is posting the CAC 40's second-biggest gain on Wednesday on the Paris stock exchange, with shares in the world's No. 1 cosmetics group benefiting both from investors rotating back into consumer names amid waning appetite for technology stocks and from upbeat commentary from Jefferies analysts.

June 24, 2026 at 04:25 pm

IEVA Group changes the composition of its board of directors

IEVA Group said Wednesday it has appointed three new directors, a move aimed at strengthening governance and supporting its growth ambitions.

June 24, 2026 at 04:07 pm

BNP Paribas stands out as BofA says the stock is too cheap

BNP Paribas shares are outperforming on Wednesday on the Paris stock exchange, lifted by a Bank of America note that sharply raised its price target on the French banking giant, whose profitability and return outlook is seen as exceptional.

June 24, 2026 at 02:02 pm

Pernod Ricard Leads the CAC, Sector Rotation Accelerates

Pernod Ricard shares posted the biggest gain on the CAC 40 on Wednesday morning in Paris, helped by an acceleration in the sector rotation encouraged by recent setbacks in the US technology sector.

June 24, 2026 at 01:34 pm

Worldline to integrate 'Click to Pay' technology for recurring payments

Worldline said Wednesday it will become the first payment services provider in Europe to integrate the 'Click to Pay' system for recurring payments, relying on this tokenization technology designed to simplify and secure online purchases.

June 24, 2026 at 12:12 pm

Europe Heads for a Modest Pullback, but Wall Street Is Starting to Get Spooked

Europe's major stock markets are expected to extend their pullback on Wednesday morning, once again dragged lower by the slide in marquee US technology names, whose troubles are mounting and are no longer just about chips or AI. About 45 minutes before the open, the CAC 40 futures contract is down a bit more than 0.1%, as are those on the DAX and the Euro STOXX 50, pointing to a start to the day in the red.

June 24, 2026 at 10:32 am

Accenture Steps Up in Sports With Seattle Seahawks Contract

Accenture said Tuesday it has signed a multi-year partnership with the Seattle Seahawks to support the modernization of the NFL team's operations, providing advisory services in emerging technologies, data management and artificial intelligence.

June 23, 2026 at 07:45 pm

Goldman Sachs trims its target on Interparfums, reiterates buy

Goldman Sachs reiterated its buy rating on Interparfums on Tuesday, while trimming its 12-month price target to €34 from €35, ahead of the release of the company’s second-quarter 2026 revenue on July 23.

June 23, 2026 at 06:49 pm

EssilorLuxottica and Meta launch a more affordable version of their AI glasses

EssilorLuxottica and Meta announced Tuesday the launch of a new collection of AI glasses designed to open the smart-glasses category to a broader audience, particularly consumers looking for affordable products, as they seek to maintain their lead in a market that is drawing interest from every major tech giant.

June 23, 2026 at 06:16 pm

Bernstein expects a cautious second quarter from Hermès

Bernstein on Tuesday reiterated its "outperform" rating and €2,150 price target on Hermès, while noting that the Paris luxury house is heading into its half-year earnings release in a cautious mood.

June 23, 2026 at 05:44 pm

Palantir strikes an AI partnership with Zeta Global for marketing

Palantir, the American giant of predictive AI, said Tuesday it has signed a strategic partnership with New York-based Zeta to build a unified data and artificial intelligence infrastructure for the marketing industry.

June 23, 2026 at 05:24 pm

Goldman Sachs cuts Capgemini price target, keeps buy rating

Goldman Sachs has lowered its 12-month price target on Capgemini to €150 from €165 previously, to reflect a broader downward re-rating across the IT services sector, while maintaining its buy recommendation on the stock.

June 23, 2026 at 04:39 pm

Accenture to buy back an additional $2bn in shares

Accenture said on Tuesday that it plans to increase its share buyback program by $2bn for fiscal 2025/2026, bringing the total to $7.5bn, news that was welcomed by investors in premarket trading.

June 23, 2026 at 04:23 pm

Hermès Slips, HSBC Rules Out a Dramatic Rebound

Hermès posted one of the CAC 40's sharpest declines Tuesday on the Paris stock market after HSBC cut its rating, saying it does not expect a dramatic acceleration in the French group's growth in the second quarter.

June 23, 2026 at 02:29 pm

LVMH sells DFS Okinawa to Avolta, opening the door to Japan's market

Avolta said Tuesday it has reached an agreement to acquire 100% of DFS Okinawa, a subsidiary of the DFS group that is majority-owned by French luxury giant LVMH, a deal that will mark the Swiss retailer's official entry into the Japanese market, widely seen as one of Asia's most dynamic for travel retail.

June 23, 2026 at 01:46 pm

L'Oréal hit by a Deutsche Bank downgrade

L'Oréal shares fell Tuesday morning on the Paris stock exchange, weighed down by a Deutsche Bank note that cut its recommendation on the global cosmetics giant from hold to sell, ahead of what it expects will be a sharp slowdown in growth in the second half.

June 23, 2026 at 01:00 pm

UK business activity deteriorated again in June (PMI)

UK business activity contracted for a second straight month in June as inflation pressures lingered, but conditions could improve if tensions in the Middle East ease, according to S&P Global's monthly survey released Tuesday.

June 23, 2026 at 12:56 pm