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Fly News Breaks for December 12, 2016
COO
Dec 12, 2016 | 06:22 EDT
Wells Fargo analyst Larry Biegelsen upgraded Cooper Companies to Outperform saying the outlook for FY17 is favorable as the company has managed through the new competition.With a "strong" product portfolio and a "relatively stable" competitive market, Cooper is well positioned to continue to outpace the overall contact lens market growth over the next year, Biegelsen tells investors in a research note. He raised his price target range for the shares to $198-$200 from $176-$177.
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