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0 0 0.00145391102064566 0.00261703983716206 0.00436173306193657 0.00378016865367847 0.00378016865367847 0.00436173306193657
Stock impact report

Why Bausch + Lomb (BLCO) Stock Is Trading Up Today [Yahoo! Finance]

Bausch + Lomb Corporation Common Shares (BLCO) 
Company Research Source: Yahoo! Finance
The investment bank adjusted its price forecast to $20, up from the previous target of $16. This change in rating suggested a more positive outlook from the bank regarding the eye health company's future stock performance. After the initial pop the shares cooled down to $17.09, up 2.1% from previous close. Is now the time to buy Bausch + Lomb? Access our full analysis report here Bausch + Lomb's shares are quite volatile and have had 17 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 9 days ago when the stock gained 4.2% on the news that Morgan Stanley upgraded its rating on the stock to "Overweight" from "Equal Weight.". The investment bank also adjusted its price target, citing what it described as the strongest product pipeline in the ophthalmology, or eye care, field. According Show less Read more
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