RBC Capital upgraded EssilorLuxottica (ESLOY) to Outperform from Sector Perform with a price target of EUR 290, up from EUR 220. The firm cites the company’s “strong” fundamentals and mid-term ophthalmology opportunity for the upgrade. It sees “interesting plug-and-play optionality” with Bausch & Lomb, particularly for contact lens and cataracts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESLOY:
Questions or Comments about the article? Write to editor@tipranks.com