Cooper Companies price target raised to $114 from $105 at BofA

BofA analyst Craig Bijou raised the firm’s price target on Cooper Companies to $114 from $105 and keeps a Buy rating on the shares following a “solid” Q1 beat and the company raising FY24 revenue and EPS guidance. The firm applies a higher multiple to its calendar 2025 EPS estimate to reflect an increase in peer multiples and Cooper’s “strong start to the year.”