Stifel analyst Thomas Stephan initiated coverage of Bausch + Lomb with a Hold rating and $16 price target. The analyst is cautious on the company’s ability to compete in incremental markets amid its business stabilization efforts. The firm is taking a neutral view of Bausch + Lomb’s dry eye opportunity for now.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BLCO:
- Bausch + Lomb price target lowered to $16 from $17 at Morgan Stanley
- Bausch + Lomb price target lowered to $17 from $19 at Barclays
- Bausch + Lomb raises FY23 revenue view to $4.035B-$4.085B from $3.95B-$4.00B
- Bausch + Lomb reports Q3 adjusted EPS 22c, consensus 26c
- Bausch + Lomb price target lowered to $20 from $23 at BofA
