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Fly News Breaks for March 6, 2019
COO
Mar 6, 2019 | 07:11 EDT
BMO Capital analyst Joanne Wuensch raised her price target on Cooper Companies to $320 and kept her Outperform rating after its Q1 earnings beat helped by a lower tax rate as well as its raised FY19 EPS guidance. The analyst points to the company's share gains within the accelerating contact lens market, as its sales of Single-use Spheres rose 17%. Wuensch is also positive on the strength of the CooperSurgical franchise and the share gains made in the U.S. IUD market.
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