Alcon Reports Third Quarter 2020 Results

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Alcon Inc. (ALC) PT Raised to $78 at Jefferies

November 12, 2020 7:59 AM EST

Jefferies analyst Anthony Petrone raised the price target on Alcon Inc. (NYSE: ALC) to $78.00 (from $71.00) while maintaining a Buy rating.

The analyst commented, "Key post-EPS datapoints are: 1) global contact lens (CL) market improved to -5% in 3Q(-20% in 2Q), 2) ALC... More