Stifel Maintains Hold on Bausch & Lomb, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Thomas Stephan maintains a Hold rating on Bausch & Lomb (NYSE:BLCO) and raises the price target from $16 to $19.
September 23, 2024 | 12:52 pm
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POSITIVE IMPACT
Stifel analyst Thomas Stephan maintains a Hold rating on Bausch & Lomb and raises the price target from $16 to $19, indicating a positive outlook.
The increase in price target from $16 to $19 by Stifel suggests a positive outlook for Bausch & Lomb, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100