Alcon Reports Second-Quarter 2024 Results with Strong Growth in Implantables and Contact Lenses
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Alcon Inc. (ALC) PT Raised to $110 at Oppenheimer
August 22, 2024 7:07 AM EDTOppenheimer analyst Steve Lichtman raised the price target on Alcon Inc. (NYSE: ALC) to $110.00 (from $103.00) while maintaining a Outperform rating.
The analyst comments "Alcon's 2Q24 saw slightly lower than expected sales, underlying gross/operating margin exceeding expectations, and continued progress on the pipeline.... More
Alcon Inc. (ALC) PT Raised to $110 at Baird
August 22, 2024 6:42 AM EDTBaird analyst Jeff Johnson raised the price target on Alcon Inc. (NYSE: ALC) to $110.00 (from $104.00) while maintaining a Outperform rating.
The analyst comments "Maintain Outperform rating/raising PT to $110 (+$6). While we're modestly trimming our 2H-24/2025 revenue/earnings estimates as we exit... More
Alcon Inc. (ALC) PT Raised to $110 at Mizuho
August 22, 2024 6:37 AM EDTMizuho analyst Anthony Petrone raised the price target on Alcon Inc. (NYSE: ALC) to $110.00 (from $105.00) while maintaining a Outperform rating.
The analyst comments "Key 2Q call findings: 1) contact lens price + share gains continued in 2Q'24 with ALC growing +9% cc versus +6% for underlying market... More
Alcon Inc. (ALC) PT Raised to $105 at Wells Fargo
August 22, 2024 5:04 AM EDTWells Fargo analyst Larry Biegelsen raised the price target on Alcon Inc. (NYSE: ALC) to $105.00 (from $94.00) while maintaining a Overweight rating.
The analyst comments "Q2 margin shortfall due to inventory provisions. Q2 net product sales core GM of 62.0% came in below... More
Alcon Inc. (ALC) PT Raised to $98 at BTIG
August 21, 2024 11:39 AM EDTBTIG analyst Ryan Zimmerman raised the price target on Alcon Inc. (NYSE: ALC) to $98.00 (from $96.00) while maintaining a Buy rating.
The analyst comments "As noted previously (here), ALC delivered ~6.0% xFx growth with Surgical growing 6% xFx and Vision Care growing 6% xFx. Core EPS was above expectations at $0.01 with GMs and OMs both coming... More
Stifel Reiterates Buy Rating on Alcon Inc. (ALC)
August 21, 2024 6:40 AM EDTStifel analyst Tom Stephan reiterated a Buy rating and $100.00 price target on Alcon Inc. (NYSE: ALC).
The analyst comments "The quarter--notably on the top-line--was maybe a little noisier than investors were anticipating after generally solid YTD momentum. Still, margins werent as... More
