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Fly News Breaks for February 1, 2019
COO
Feb 1, 2019 | 06:26 EDT
Stephens analyst Chris Cooley upgraded Cooper Companies to Overweight and raised his price target to $305 from $270. The analyst believes that the company is positioned to boost its earnings guidance, citing a stronger growth of its single-use daily SiH contact lens sales, above-forecast Paragard sales, and more modest FX-related headwinds than previously anticipated. Fooley adds that the current investor sentiment is "mixed at best", which could lead to valuation lift in the near term.
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