Needham Reiterates Buy on Alcon, Maintains $98 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst David Saxon has reiterated a Buy rating on Alcon (NYSE:ALC) and maintained a price target of $98.

November 15, 2023 | 11:52 am
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Needham analyst David Saxon reaffirmed a Buy rating on Alcon with a price target of $98.
The reiteration of a Buy rating by a respected analyst typically instills confidence in current and potential investors, suggesting a positive outlook for Alcon's stock. The maintained price target of $98 indicates a belief that the stock has the potential to reach or exceed this value in the short term, which can have a bullish effect on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100