Goldman Sachs raised the firm’s price target on Cooper Companies (COO) to $71 from $64 and keeps a Sell rating on the shares. Cooper reported a relatively in line Q4, and adjusted EPS guidance was well ahead of consensus estimates, the analyst tells investors in a research note. While Cooper is making progress on improving the financial profile of the business, the overall trajectory of the top-line is relatively unchanged vs. the firm’s prior estimates.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COO:
- Cooper Companies price target raised to $88 from $72 at Citi
- Cooper Companies price target raised to $91 from $85 at Barclays
- Cooper Companies’ Earnings Call: Strong Growth Amid Market Challenges
- Midday Fly By: Netflix to buy Warner Bros., HP Enterprise posts mixed Q4
- Early notable gainers among liquid option names on December 5th
