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Fly News Breaks for May 16, 2016
COO
May 16, 2016 | 09:31 EDT
Cleveland Research upgraded Cooper Companies to Buy saying near-term trends look solid and sees upside over the rest of the year. The firm's analyst expects Cooper to show market share gains given competitor disruptions and continued growth of Biofinity and Daily lenses. Additionally, Cleveland is not expecting the same level of disruption from Johnson & Johnson's launch of a monthly versus what happened when it launched its daily in the Fall of 2015.
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