2024-03-21 23:00:10 ET
Summary
- The Cooper Companies stock saw a sharp reversion in share price, leading to a buy rating with an expected 8% return over 6 months.
- COO's recent results showed 8% growth in constant currency, beating revenue estimates, and raising guidance for FY24.
- COO is well-positioned to continue delivering growth above the market, with strong product fit and distribution capabilities, and potential for expansion in the myopia management segment.
Overview
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The Cooper Companies: Rating Upgrade As Near-Term Momentum Should Continue