Cooper Companies price target raised to $410 from $400 at Baird

Baird raised the firm’s price target on Cooper Companies to $410 from $400 and keeps an Outperform rating on the shares. The firm said they believe management’s continued willingness to invest in top-line growth opportunities makes sense, especially as still-solid near double-digit EPS growth next year should give way to even faster earnings growth beginning later next year as these investments are increasingly leveraged.