RBC Capital Reiterates Sector Perform on Bausch Health Companies, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Douglas Miehm reiterated a 'Sector Perform' rating on Bausch Health Companies (NYSE:BHC) and maintained a $12 price target.

April 12, 2024 | 2:15 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating on Bausch Health Companies with a $12 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $12 price target by RBC Capital suggests a neutral outlook on Bausch Health Companies' stock in the short term. This analysis is based on the current market perception and the analyst's view, which does not indicate a significant change in the company's valuation or market position. Therefore, the impact on the stock price is likely to be neutral, reflecting the analyst's expectation of the company's performance aligning with the sector's overall performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100