BUZZ-Australia's Lovisa gains; Morgan Stanley raises TP on store growth

Reuters

01-17

BUZZ-Australia's Lovisa gains; <a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> raises TP on store growth

** Jewellery retailer Lovisa Holdings LOV.AX rises 7.6% to A$29.24, highest since Jan. 8

** Morgan Stanley ups PT to A$32.0 from A$28.50

** Sees upside risk to FY25-26 results as co's store growth began accelerating again

** Co added 28+ net stores in January 2024 alone, more than H1 FY25's 21+ net stores

** MS sees higher scaling to improve earnings margins

** Upgrades to "overweight" from "underweight"

** Stock rated "buy" on avg; median PT is A$27.25 – LSEG

** LOV rose 23.3% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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<a href=\"https://laohu8.com/S/MSPQL\">Morgan Stanley</a> raises TP on store growth</title></head><body><p>** Jewellery retailer Lovisa Holdings <span>LOV.AX</span> rises 7.6% to A$29.24, highest since Jan. 8</p><p>** <a href=\"https://laohu8.com/S/MSPQV\">Morgan Stanley</a> ups PT to A$32.0 from A$28.50</p><p>** Sees upside risk to FY25-26 results as co's store growth began accelerating again</p><p>** Co added 28+ net stores in January <span>2024 </span>alone, more than H1 FY25's 21+ net stores</p><p>** MS sees higher scaling to improve earnings margins</p><p>** Upgrades to \"overweight\" from \"underweight\"</p><p>** Stock rated \"buy\" on avg; median PT is A$27.25 – LSEG</p><p>** LOV rose 23.3% in 2024</p><p> (Reporting by Nichiket Sunil in Bengaluru)</p><p> ((Nichiket.Sunil@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7128","symbol_name":"专卖店","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250117:nL4N3OD06E:1","article_id":"2504977946","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504977946","pubTimestamp":1737081637,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Lovisa gains; Morgan Stanley raises TP on store growth** Jewellery retailer Lovisa Holdings LOV.AX rises 7.6% to A$29.24, highest since Jan. 8** Morgan Stanley ups PT to A$32.0 from A$28.50** Sees upside risk to FY25-26 results as co's store growth began accelerating again** Co added 28+ net stores in January 2024 alone, more than H1 FY25's 21+ net stores** MS sees higher scaling to improve earnings margins** Upgrades to \"overweight\" from \"underweight\"** Stock rated \"buy\" on avg; median PT is A$27.25 – LSEG** LOV rose 23.3% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7128":"专卖店","LOV.AU":"LOVISA HOLDINGS LTD"},"translate_title":"BUZZ-澳大利亚Lovisa上涨；摩根士丹利提高门店增长目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LOV.AU":0.9},"content_text":"BUZZ-Australia's Lovisa gains; Morgan Stanley raises TP on store growth** Jewellery retailer Lovisa Holdings LOV.AX rises 7.6% to A$29.24, highest since Jan. 8** Morgan Stanley ups PT to A$32.0 from A$28.50** Sees upside risk to FY25-26 results as co's store growth began accelerating again** Co added 28+ net stores in January 2024 alone, more than H1 FY25's 21+ net stores** MS sees higher scaling to improve earnings margins** Upgrades to \"overweight\" from \"underweight\"** Stock rated \"buy\" on avg; 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