What 6 Analyst Ratings Have To Say About Alcon
Portfolio Pulse from Benzinga Insights
Within the last quarter, Alcon (NYSE:ALC) received 6 analyst ratings, with 5 being bullish and 1 somewhat bearish. The average price target is $88.33, representing an implied upside from the current price of $73.56. This target has decreased by 6.03% from the previous target of $94.00. Analyst ratings are derived from financial analysis and are used to provide guidance to investors, though they are subjective opinions.
December 04, 2023 | 12:00 pm
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POSITIVE IMPACT
Alcon received mostly bullish ratings from analysts, with an average price target of $88.33, which is higher than the current price, indicating potential upside.
The predominance of bullish ratings suggests a positive sentiment among analysts, which can influence investor perception and potentially drive the stock price up in the short term. The decrease in the average price target may slightly temper expectations, but the new target still implies a significant upside from the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100