HSBC Upgrades Luxottica Group (LUX) to Overweight

July 6, 2009 7:46 AM EDT

HSBC upgrades Luxottica Group (NYSE: LUX) from Neutral to Overweight.

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Luxottica Group S.p.A. (Luxottica Group) is engaged in the designing, manufacturing and distribution of fashion, luxury and sports eyewear. Luxottica Group operates in two industry segments: manufacturing and wholesale distribution, and retail distribution.


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