Evercore ISI Group Upgrades Bausch & Lomb to Outperform, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded Bausch & Lomb (NYSE:BLCO) from In-Line to Outperform, raising the price target from $19 to $25.
October 15, 2024 | 12:27 pm
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POSITIVE IMPACT
Evercore ISI Group has upgraded Bausch & Lomb to Outperform and increased the price target to $25, indicating a positive outlook for the stock.
The upgrade from In-Line to Outperform by a reputable analyst group like Evercore ISI suggests increased confidence in Bausch & Lomb's future performance. The raised price target from $19 to $25 indicates expectations of significant upside potential, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100