Stifel downgraded Alcon (ALC) to Hold from Buy with a price target of $80, down from $85. The firm says its Unity survey was mixed, with results tempering its confidence in upside to management’s system installation outlook. The Street’s 7% sales growth estimate for 2026 could prove challenging without Unity-driven upside, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALC:
- Alcon Walks Away From STAAR Surgical Deal, Reaffirms Refractive Strategy
- Alcon terminates deal to acquire Staar Surgical
- Midday Fly By: Nvidia launches Rubin platform, Vistra to acquire Cogentrix
- Broadwood ‘thanks’ Staar Surgical shareholders for rejecting Alcon transaction
- BTIG sees ‘limited reason to want to own’ Staar Surgical until clarity emerges