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Upside seen for Luxottica

Jan. 13, 2016 11:37 AM ETTema Luxury ETF (LUX)LUXBy: Clark Schultz, SA News Editor
  • Luxottica Group (LUX -0.1%) is initiated with an Outperform rating from RBC Capital.
  • The investment firm thinks the upside potential of Luxottica's tech initiatives warrants a rich earnings trading multiple.

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