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Stifel Maintains Bullish View on Cooper Cos (COO) Despite Another Frustrating Quarter
December 4, 2015 8:41 AM ESTStifel reiterated a Buy rating and $180.00 price target on Cooper Companies (NYSE: COO) following the company's 4Q earnings report. Coopers guidance was below anticipation, and likely causes another leg down in the stock. Back in September, management provided preliminary FY2016 EPS growth guidance of low-to-mid teens. Last night, Cooper provided FY16 EPS guidance of $7.75 at the mid-point.
Analyst Jonathan Block commented, "Our diligence earlier this week highlighted several near-term challenges that... More
