Bernstein Initiates Coverage On Alcon with Outperform Rating, Announces Price Target of $94.4
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Susannah Ludwig has initiated coverage on Alcon (NYSE:ALC) with an Outperform rating and set a price target of $94.4 for the company's stock.
January 23, 2024 | 11:53 am
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Bernstein analyst Susannah Ludwig has initiated coverage on Alcon with an Outperform rating and a price target of $94.4, indicating a positive outlook for the stock.
The initiation of coverage by Bernstein with an Outperform rating typically suggests a bullish view on the stock's future performance. The specific price target of $94.4 provides a clear expectation of upside potential, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100