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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Read More on BLCO:
- Bausch + Lomb price target lowered to $12 from $15 at Wells Fargo
- Bausch + Lomb price target lowered to $11 from $17 at BofA
- Bausch + Lomb price target lowered to $13 from $14 at Citi
- Bausch + Lomb Corporation: Sell Rating Amid Financial Pressures and Uncertain Tariff Impacts
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