HC Wainwright & Co. Reiterates Buy on Bausch & Lomb, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Yi Chen has reiterated a 'Buy' rating on Bausch & Lomb (NYSE:BLCO), but lowered the price target from $22 to $21.

October 06, 2023 | 4:17 pm
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NEUTRAL IMPACT
Bausch & Lomb's price target has been lowered from $22 to $21 by HC Wainwright & Co., but the 'Buy' rating has been maintained.
The lowering of the price target by HC Wainwright & Co. could potentially create a negative sentiment among investors. However, the maintenance of the 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100