Jefferies upgraded EssilorLuxottica (ESLOY) to Buy from Hold with a price target of EUR 310, up from EUR 195. The company is a “structural share taker and prime consolidator in a steadily-growing optical market,” and it deserves a “superior valuation,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESLOY: