Pursuits
Luxottica Gains After Eyewear Sales Beat Estimates: Milan Mover
This article is for subscribers only.
Luxottica Group SpA, owner of the Oakley and Ray-Ban sunglasses brands, rose the most since May 2010 as analysts raised target prices after fourth-quarter sales beat estimates.
The shares climbed as much as 6.2 percent to 25.45 euros and traded up 5.1 percent as of 9:35 a.m. in Milan.