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Fly News Breaks for August 22, 2019
ESLOY, COO
Aug 22, 2019 | 07:12 EDT
KeyBanc analyst Matthew Mishan raised his price target for Cooper Companies (COO) to $351 from $314 as he believes the company is positioned to sustain momentum, while avoiding complacency as changes in competitive landscape eventually emerge. More specifically, the analyst thinks market growth appears healthy, Cooper is still playing offense on daily SiHy, key accounts, and specialty lenses, the EssilorLuxotica (ESLOY) and GrandVision combo may be positive for the company, and Key First Look credit card data indicates Hubble growth has decelerated. Mishan reiterates an Overweight rating on the shares.
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