Alcon draws double downgrade at BofA on earnings growth risk
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Bank of America downgraded Alcon (ALC) to Underperform from Buy, citing overly optimistic consensus estimates and earnings downside risk. Analyst Julien Ouaddour noted a 15% loss in 2026 amid market slowdown and rivalry. The company lowered its Unity systems installation projections, and the price target was cut to CHF60 ($75) from CHF80 ($100).
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