Needham Reiterates Buy on Alcon, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Needham analyst David Saxon has reiterated a 'Buy' rating on Alcon (NYSE:ALC) and raised the price target from $94 to $98.
August 16, 2023 | 4:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alcon's price target has been raised from $94 to $98 by Needham analyst David Saxon, who reiterated a 'Buy' rating on the stock.
The raised price target and reiterated 'Buy' rating by a Needham analyst indicates a positive outlook for Alcon. This could potentially lead to an increase in the stock's price in the short term as it may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100