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Alcon price target lowered to $87 from $92 at BTIG

BTIG analyst Ryan Zimmerman lowered the firm’s price target on Alcon (ALC) to $87 from $92 and keeps a Buy rating on the shares as part of a broader research note on Medical Technology names. The firm is updating its models given its takeaways after it hosted a booth tour at the American Society of Cataract & Refractive Surgery conference in Washington DC.

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