Stifel Initiates Coverage On Bausch & Lomb with Hold Rating, Announces Price Target of $16
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Thomas Stephan has initiated coverage on Bausch & Lomb (NYSE:BLCO) with a Hold rating and set a price target of $16. This new coverage could influence investors' perceptions and decisions regarding BLCO stock.
December 12, 2023 | 9:24 am
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Stifel analyst Thomas Stephan initiated coverage on Bausch & Lomb with a Hold rating and a price target of $16, potentially affecting the stock's performance.
Analyst ratings can influence market perception and investor behavior. A Hold rating suggests a neutral outlook, which may not significantly change the stock's trajectory in the short term. The price target of $16 provides a benchmark for investors but does not imply a strong movement either way.
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