Morgan Stanley Maintains Equal-Weight on Bausch & Lomb, Lowers Price Target to $18.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Patrick Wood has maintained an Equal-Weight rating on Bausch & Lomb (NYSE:BLCO) but lowered the price target from $20 to $18.5.
October 13, 2023 | 1:49 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Bausch & Lomb but lowered the price target from $20 to $18.5.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Bausch & Lomb's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100