EssilorLuxottica: UBS upgrades stock

(CercleFinance.com) - UBS upgrades EssilorLuxottica shares from 'neutral' to 'buy', with a target price raised from E181 to E232, a new TP that implies 15% upside potential for the Franco-Italian optical stock.


"Accelerating top-line growth, easing margin pressures, and defensive nature of EssilorLuxottica makes us more positive on H2 24 and beyond", the broker summarises.


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