Forecasting The Future: 4 Analyst Projections For Cooper Companies
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed reviews on Cooper Companies (NASDAQ:COO) with 4 different ratings over the past quarter. The average 12-month price target is now $387.5, down 5.1% from the previous $408.33. Piper Sandler's Jason Bednar raised the target to $440, Morgan Stanley's Patrick Wood and JP Morgan's Robbie Marcus lowered their targets to $355 and $375 respectively, and B of A Securities' Craig Bijou set a target of $380. Cooper Companies operates in eye care and women's healthcare, showing strong financial performance with a 9.31% revenue growth, a net margin of 9.11%, and a ROE of 1.12%.
January 12, 2024 | 4:00 pm
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Analysts have mixed opinions on Cooper Companies, with a downward revision in the average price target to $387.5. The company shows strong financials with significant revenue growth and profitability.
The mixed analyst ratings and the downward revision in price targets suggest uncertainty, which could lead to a neutral short-term impact on COO's stock price. However, the company's strong financial performance may provide some support to the stock, balancing out the potential negative impact from the lowered price targets.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100