Piper Sandler analyst Jason Bednar maintains $Cooper Companies (COO.US)$ with a buy rating, and maintains the target price at $120.
According to TipRanks data, the analyst has a success rate of 44.7% and a total average return of -1.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Cooper Companies (COO.US)$'s main analysts recently are as follows:
The firm described Cooper Companies' Q4 as problematic due to subdued organic growth and a reduced forecast for FY25, despite surpassing earnings per share expectations. The stock's reaction to these developments was deemed 'understandable' by the analyst, who also considered the lowered guidance to be on the conservative side.
The company delivered a mixed quarter, and the fiscal 2025 guidance may lead to inquiries from investors. Despite initial dissatisfaction likely from investors, the overall thesis remains unchanged, with several opportunities to expand margins present.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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