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BWS Financial Maintains Movado(MOV.US) With Buy Rating, Maintains Target Price $31.5
It's not just about tariffs; the Luxury Goods Industry is facing a perfect storm of a 'weak dollar + strong Gold.'
The threat of tariffs is just the tip of the iceberg. The depreciation of the dollar against the euro has directly weakened the profitability of European Luxury Goods companies in the USA market; the surge in Gold prices has increased the input costs for watch and jewelry manufacturers.
Movado Group: Minimal Impact From Dubai Sales Irregularities and Strategic Cost Reductions Highlight Potential Value Opportunity
Express News | BWS Financial Maintains Buy on Movado Group, Maintains $31.5 Price Target
Movado Group Analyst Ratings
Movado Group's (NYSE:MOV) Returns On Capital Not Reflecting Well On The Business
Movado's (NYSE:MOV) Q4 Sales Top Estimates, Guides For Strong Full-Year Sales
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