Redburn Atlantic Downgrades Cooper Companies to Neutral, Lowers Price Target to $343
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Issie Kirby has downgraded Cooper Companies (NASDAQ:COO) from Buy to Neutral and lowered the price target from $390 to $343.
October 05, 2023 | 10:28 am
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Cooper Companies has been downgraded from Buy to Neutral by Redburn Atlantic, with a lowered price target of $343.
The downgrade from Buy to Neutral indicates a less optimistic outlook for the company's stock, which could lead to a decrease in demand and potentially a decrease in the stock price. The lowered price target also suggests that the analyst believes the stock is currently overvalued, which could further discourage investment.
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