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.
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