Needham Reiterates Buy Rating on Alcon (ALC), 'view the risk/reward as attractive'

Needham analyst David Saxon reiterated a Buy rating and $107.00 price target on Alcon Inc. (NYSE: ALC).

The analyst commented: "ALC is hosting a Capital Markets Day (CMD) on 3/27/25 in Fort Worth, TX, from 9:00am-1:00pm ET. We expect management to provide an update on its strategy, product cycle & pipeline, color on its existing 2027 financial targets, and new 2029 financial targets. We believe product & pipeline updates will be the most meaningful and could have implications for BLCO and RXST. ALC's multiple is below its historical average despite it having one of the strongest product cycles in the company's history. Given this, we view the risk/reward as attractive, and we reiterate our Buy rating."

For an analyst ratings summary and ratings history on Alcon Inc. click here. For more ratings news on Alcon Inc. click here.

Shares of Alcon Inc. closed at $90.87 yesterday.

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