Bausch + Lomb price target raised to $22 from $19 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Bausch + Lomb to $22 from $19 and keeps a Buy rating on the shares after the Financial Times reported on September 14 that the company is exploring a sale. The share price has the potential to increase further, by as much as 20%, if a deal is announced in the coming months, the analyst tells investors in a research note. The firm cites the possibility for a deal to be announced in the coming months for the target bump.