BofA raised the firm’s price target on Bausch + Lomb (BLCO) to $15 from $13 and keeps an Underperform rating on the shares. Bausch + Lomb’s Q4 total revenue beat Street expectations by 2% and the company expects the contact lens market to improve in 2026 to 4.5% growth or better, notes the analyst, who reiterates an Underperform rating given the continued uncertainty around Bausch Health’s (BHC) full separation.
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Read More on BLCO:
- Bausch + Lomb price target raised to $18 from $15 at Deutsche Bank
- Bausch + Lomb price target raised to $16 from $15 at Stifel
- Bausch + Lomb price target raised to $21 from $20 at Citi
- Bausch + Lomb price target raised to $20 from $17 at Barclays
- Maintaining Sell: Structural Overhangs and Margin Shortfalls Overshadow Bausch + Lomb’s Growth Story
