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Fly News Breaks for August 31, 2018
COO
Aug 31, 2018 | 07:11 EDT
KeyBanc analyst Matthew Mishan views the post-earnings pulback in shares of Cooper Companies as an opportunity. Bigger picture, the company's revenue growth momentum appears sustainable, Mishan tells investors in a research note. Cooper's sales beat with revenue growth inflecting sequentially, ahd the pull-though to earnings was understandably offset by current and elevated investment, the analyst contends. He reiterates an Overweight rating on Cooper Companies with a $298 price target.
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