This article only represents the author's own views.
Shanghai-based, NYSE-listed Lanvin Group Holdings Limited (LANV.US) keeps saying it has done well to contain losses and bump group revenues up a notch, first with its pre-audited 2023 earnings release in February and then with its audited results on April 30. Investors were underwhelmed both times. Its shares have sunk by 25% since the February announcement. The single analyst who follows Lanvin calls it a hold.
Should investors follow the analyst’s advice or walk away? There are at least a few reasons to follow the company’s example and hang in there.
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