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Cooper Companies price target lowered to $93 from $118 at Wells Fargo

Wells Fargo lowered the firm’s price target on Cooper Companies (COO) to $93 from $118 and keeps an Overweight rating on the shares. The firm says that while Q2 margin/EPS beat, lowered FY25 organic growth guide was disappointing but not really surprising based on competitor reports. Wells senses a touch of conservatism in the second half of the year outlook.

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