Needham Reiterates Buy on Alcon, Maintains $94 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst David Saxon has reiterated a 'Buy' rating on Alcon (NYSE:ALC) and maintained a price target of $94.
August 14, 2023 | 9:43 am
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Alcon's stock rating has been reiterated as 'Buy' by Needham analyst David Saxon, with a maintained price target of $94.
The reiteration of a 'Buy' rating by a reputable analyst like David Saxon indicates a positive outlook for Alcon. The maintained price target of $94 suggests that the analyst believes the stock is still undervalued, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100