UBS downgraded EssilorLuxottica (ESLOY) to Neutral from Buy with a price target of EUR 248, up from EUR 232. The stock’s valuation is rich and UBS is mindful of risks such as tariffs, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESLOY:
- EssilorLuxottica price target raised to EUR 255 from EUR 225 at JPMorgan
- McDonald’s, Ford, Pfizer report Q3 earnings beats: Morning Buzz
- EssilorLuxottica supporting Del Vecchio amid hacking investigation, FT reports
- EssilorLuxottica price target raised to EUR 225 from EUR 215 at JPMorgan
- Ray-Ban Owner EssilorLuxottica Falls Short of Expectations as China Slows