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Fly News Breaks for April 25, 2016
JNJ, COO
Apr 25, 2016 | 06:37 EDT
After reviewing Alcon's and Johnson & Johnson's (JNJ) results, Piper Jaffray analyst Matt O'Brien believes Cooper Companies (COO) will meet or beat Q1 revenue expectations. The analyst points out, however, that he recently found on J&J's website that it plans to launch a monthly silicone hydrogel in July. This could negatively affect Cooper's results for about three months, O'Brien tells investors in a research note. Nonetheless, he continues to recommend investors own the stock. He has an Overweight rating on Cooper with a $160 price target.
News For COO;JNJ From the Last 2 Days
JNJ
Apr 24, 2024 | 16:13 EDT
