Alcon: Q3, Slight Guidance Cut Is Not Something Structural
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Alcon maintains a 'Strong Buy' rating with a price target of $118, despite a minor guidance cut. New product launches and growth in the surgical business are expected to drive significant growth.
November 14, 2024 | 5:30 am
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Alcon is rated as a 'Strong Buy' with a price target of $118. Despite a minor guidance cut, new product launches and growth in the surgical business are expected to drive significant growth.
The article reiterates a 'Strong Buy' rating for Alcon with a price target of $118, indicating positive sentiment. The minor guidance cut is not seen as structural, and new product launches along with growth in the surgical business are expected to drive significant growth, supporting a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100