Cooper Companies (COO) Visibility Improves But Recovery Sees U Shaped - Jefferies

Jefferies analyst Anthony Petrone reiterated a Buy rating and $360.00 price target on Cooper Companies (NYSE: COO) after the company reported revenues and EPS of $42mn/$0.75 with a $0.46 benefit from one-time COVID costs. Guidance for F4Q calls for CVI to be flat at midpoint
versus up LSD exiting last Q.

The analyst stated "We stick with Buy on the notion that the recovery in CVI will be daily and MiSight driven which coupled with solid balance sheet positioning will likely see COO stronger post recovery".

For an analyst ratings summary and ratings history on Cooper Companies click here. For more ratings news on Cooper Companies click here.

Shares of Cooper Companies closed at $317.00 yesterday.

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