William Blair analyst Margaret Kaczor has maintained their bullish stance on COO stock, giving a Buy rating yesterday.
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Margaret Kaczor’s rating is based on several positive indicators for Cooper Co. The company recently increased its earnings per share guidance by 10 cents, driven by improvements in constant-currency operating income. This suggests a strong financial performance and potential for continued growth.
Furthermore, the recent pullback in the stock price presents an attractive entry point for investors. Cooper Co. is well-positioned for durable mid- to high-single-digit growth, supported by factors such as increased capacity, accelerated product launches, geographical expansion, and operating margin improvements. These elements, combined with the company’s strong fundamentals and leading market positions, make it an appealing investment opportunity.
Kaczor covers the Healthcare sector, focusing on stocks such as Cooper Co, Penumbra, and CVRx. According to TipRanks, Kaczor has an average return of 5.7% and a 55.67% success rate on recommended stocks.
In another report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $90.00 price target.