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Bausch + Lomb Corporation ( (BLCO) ) just unveiled an update.
Bausch + Lomb has launched the ASANA gas permeable lenses in the U.S., expanding its portfolio of specialty vision products. These lenses are designed for durability and enhanced visual acuity, particularly for patients with complex vision challenges such as astigmatism and keratoconus. The ASANA lenses offer eye care professionals a customizable and comprehensive range of options, supported by fast manufacturing and shipping, and a generous warranty program. This launch positions Bausch + Lomb as a versatile provider in the eye care industry, potentially enhancing its market presence and offering significant benefits to both eye care professionals and patients.
The most recent analyst rating on (BLCO) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on Bausch + Lomb Corporation stock, see the BLCO Stock Forecast page.
Spark’s Take on BLCO Stock
According to Spark, TipRanks’ AI Analyst, BLCO is a Neutral.
Bausch + Lomb Corporation’s overall stock score reflects a balance of positive growth prospects and significant profitability challenges. The raised financial guidance and strong performance in key segments are encouraging, but ongoing losses and cash flow issues weigh heavily. Technical indicators provide some support, but valuation concerns persist due to negative earnings.
To see Spark’s full report on BLCO stock, click here.
More about Bausch + Lomb Corporation
Bausch + Lomb Corporation is a leading global eye health company dedicated to improving vision and enhancing lives. The company offers a wide range of eye care products, including contact lenses, lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products. It focuses on providing innovative solutions for eye care professionals and patients worldwide.
Average Trading Volume: 790,493
Technical Sentiment Signal: Buy
Current Market Cap: $5.31B
For a thorough assessment of BLCO stock, go to TipRanks’ Stock Analysis page.