- Mizuho has initiated Cooper Companies ( NYSE: COO ) with a buy saying that the company has a strong position in the markets for contact lenses and cataract implants.
- The firm has a $375 price target (14% upside based on Wednesday's close).
- Analyst Anthony Petrone sees growth in the company's silicone hydrogel (SiHY) dailies portfolio of contact lenses.
- He added that Cooper's ( COO ) acquisition of Cook Medical Reproductive Health can add up to $1.50 in adjusted EPS within four to five years after the closing.
- Seeking Alpha's Quant Rating views Cooper ( COO ) as a hold with high marks for profitability and momentum .
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Cooper Cos. initiated at buy at Mizuho on contact lenses, cataract implants positioning