Hermès slips in Paris trading after RBC Capital turns cautious (HESAY:OTCMKTS)
· seekingalpha.com
RBC downgrades Hermès (HESAY/HESAF) to Sector Perform as growth premium fades and ROIC may dilute; revenue/EPS estimates trimmed.
RBC Capital Markets lowered its rating on Hermès (HESAY) (HESAF) to Sector Perform after having the luxury retailer set at Outperform. The firm sees the risk-r...