Oppenheimer Maintains Outperform on Alcon, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Steven Lichtman has maintained an 'Outperform' rating on Alcon (NYSE:ALC) and raised the price target from $103 to $110.
August 22, 2024 | 12:59 pm
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Oppenheimer has reaffirmed its 'Outperform' rating on Alcon and increased the price target to $110, indicating confidence in the company's future performance.
The increase in price target from $103 to $110 by Oppenheimer suggests a positive outlook on Alcon's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
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