Balanced Hold Rating on Bausch + Lomb Amid Strategic Updates and Long-term Uncertainties
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Needham analyst David Saxon has maintained a Hold rating on Bausch + Lomb (BLCO) stock, citing recent strategic updates and long-term uncertainties. The company outlined its financial targets for 2028 during an Investor Day. Saxon adjusted his financial models based on these projections but remains cautious about the company's ability to meet these targets. Another report also reiterated a Hold rating with a $17.50 price target.
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