** Kepler Cheuvreux downgrades French fragrance maker Interparfums IPAR.PA to "hold" from "buy" on U.S. tariffs headwinds, weaker dollar and concerns over consumer demand in the United States
** Broker sees that a 10% drop in U.S. sales could lead to a 12% EPS cut
** "While new licenses are expected, the Moncler license may not be renewed after 2026," the analysts say
** They cut their PT on the stock by 24% to EUR 38
** Out of nine analysts that cover Interparfums, five rate the stock "strong buy" or "buy," and four rate it "hold"
(Reporting by Hugo Lhomedet)
((Hugo.Lhomedet@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.