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Bausch + Lomb price target raised to C$16 from C$15 at Citi

Citi analyst Joanne Wuensch raised the firm’s price target on Bausch + Lomb (BLCO) to C$16 from C$15 and keeps a Neutral rating on the shares. The firm is cautious on medical technology entering the Q3 earnings season. Citi believes the outcome of the Section 232 investigation into medical equipment and devices will take time.

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