RBC Capital Maintains Outperform on Bausch & Lomb, Raises Price Target to $21
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Douglas Miehm maintains an Outperform rating on Bausch & Lomb (NYSE:BLCO) and raises the price target from $20 to $21.
July 24, 2023 | 1:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Bausch & Lomb and raises the price target from $20 to $21. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect Bausch & Lomb to do better than the overall market. The increase in the price target from $20 to $21 suggests that they believe the stock is undervalued at its current price. This could lead to increased investor interest and a potential increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100