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Needham Raises its Price Target on The Cooper Companies, Inc. (COO) to $101 from $99 and Maintains a Buy Rating
Needham has raised its price target for The Cooper Companies, Inc. (COO) to $101 from $99, maintaining a Buy rating after the company’s strong Q1 results. Barclays also increased its price target to $103, citing improving sequential growth in Vision and Surgical segments. Cooper Companies reported Q1 non-GAAP EPS of $1.10 and revenue of $1.024B, exceeding consensus estimates, driven by product launches and operating efficiencies.