JP Morgan Upgrades Alcon to Overweight, Raises Price Target to $89.3
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst David Adlington has upgraded Alcon (NYSE:ALC) from Neutral to Overweight and raised the price target from $79.8 to $89.3.
August 17, 2023 | 8:31 am
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POSITIVE IMPACT
Alcon's stock has been upgraded to Overweight by JP Morgan, with a raised price target of $89.3.
The upgrade from Neutral to Overweight by JP Morgan indicates a positive outlook for Alcon. The raised price target suggests that the analyst expects the stock to outperform, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100