Shares of Luxexperience BV (LUXE) surged 5.53% during pre-market trading on Thursday, indicating strong positive momentum ahead of the regular session.
The sharp increase follows a significant analyst action, as JP Morgan upgraded the stock to "Overweight" from a "Neutral" rating and substantially raised its price target to $14 from $9. This vote of confidence from a major financial institution is a key driver behind the pre-market rally.
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