EssilorLuxottica: upbeat on broker upgrade

(CercleFinance.com) - EssilorLuxottica is up over 2%, clearly outperforming the trend in Paris, buoyed by a recommendation upgrade by UBS from 'neutral' to 'buy' on the optics giant's stock, with a price target raised from €181 to €232.


The acceleration in sales growth, the easing of pressure on margins and EssilorLuxottica's defensive nature make us more positive for the second half of 2024 and beyond", explains the broker.

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