On Oct 31, major Wall Street analysts update their ratings for $Bausch + Lomb Corp. (BLCO.US)$, with price targets ranging from $23 to $26.
Citi analyst Joanne Wuensch maintains with a buy rating, and sets the target price at $24.
Wells Fargo analyst Larry Biegelsen maintains with a buy rating, and adjusts the target price from $23 to $26.
Needham analyst David Saxon maintains with a hold rating.
RBC Capital analyst Douglas Miehm maintains with a buy rating, and maintains the target price at $23.
H.C. Wainwright analyst Yi Chen maintains with a buy rating, and adjusts the target price from $22 to $23.
Furthermore, according to the comprehensive report, the opinions of $Bausch + Lomb Corp. (BLCO.US)$'s main analysts recently are as follows:
The company has been recognized for delivering a solid quarter with little to criticize. Executing on its vision, the company is still in the early stages of growth, and it has chosen to forgo some immediate margin expansion as it continues to invest in key growth drivers of the business.
The company's Q3 sales and EBITDA surpassed expectations, and there has been an upward revision of guidance for both metrics. There is anticipation of continued positive momentum into Q4 and beyond, driven by most of the company's segments, robust Miebo uptake, and improvements in Xiidra.
Here are the latest investment ratings and price targets for $Bausch + Lomb Corp. (BLCO.US)$ from 5 analysts:
Note:
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