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 16, 2023 | 10:28 am
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Needham analyst David Saxon has reiterated a 'Buy' rating on Alcon and maintained a price target of $94.
The reiteration of a 'Buy' rating by a reputable analyst like David Saxon from Needham is a positive signal for Alcon. The maintained price target of $94 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100