Jefferies Raises PT and Estimates on Cooper Companies (COO); Q3 Review: Running Strong

Jefferies maintains a 'Hold' on Cooper Companies (NYSE: COO) price target of $94.00 (from $83.00).

Analyst, Raj Denhoy, said, "COO continued to show CVI and CSI gains along with margin expansion in F3Q, offsetting a tough FX environment and higher costs associated with the Avaira re-launch and Origio acquisition. While the share gain and mix stories looks to continue for some time, much is captured in current valuation keeping us at Hold."

FY12 EPS estimate raised from $4.99 to $5.22 and FY13 from $5.34 to $5.80.

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 $86.03 yesterday.

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