UBS lowers EssilorLuxottica rating to Neutral while raising target price to 248 euros

EssilorLuxottica's rating has been adjusted by UBS, changing from "Buy" to "Neutral," with the target price for the company's shares increasing from 232 euros to 248 euros.

Analyst Susy Tibaldi believes that the company's outlook remains positive, but expects a temporary pause in growth. The revised forecasts are in line with market consensus, and the shares are currently trading close to their all-time highs.

EssilorLuxottica has been recognized as a strong performer, with a 333% gain since its initial recommendation in the boerse.de share letter.

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