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Bausch + Lomb price target lowered to $15 from $20 at H.C. Wainwright

H.C. Wainwright analyst Yi Chen lowered the firm’s price target on Bausch + Lomb (BLCO) to $15 from $20 and keeps a Buy rating on the shares following the Q1 report. The company’s updated guidance range does not reflect the potential tariff impact, the analyst tells investors in a research note. The firm cut the stock’s valuation multiples to account for tariff uncertainties.

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