Wells Fargo raised the firm’s price target on Bausch + Lomb (BLCO) to $16 from $15 and keeps an Equal Weight rating on the shares. The firm notes the company reported Q3 sales in line but EPS above the Street and modestly raised FY25 EBITDA guide. enVista relaunch ahead of plan, Wells adds. Investor Day on November 13 is expected to share 3-year financial target/2026 outlook.
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Read More on BLCO:
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- Cautious Outlook for Bausch + Lomb: Hold Rating Amid Mixed Performance and Challenging Guidance
- Bausch + Lomb price target raised to $14 from $12 at Stifel
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