Cooper Companies (COO) News Today

The Cooper Companies, Inc. (NASDAQ:COO) shares dropped sharply today amid a mix of analyst downgrades, lowered guidance and softer sales metrics, despite an earnings beat and upbeat long-term cash flow targets. Key drivers for the move include:

• Positive Sentiment: Management outlined a $2 billion free cash flow target over the next three years and highlighted progress on MyDAY and MiSight product launches. Article Title
• Positive Sentiment: Needham & Company reaffirmed its “buy” rating and set a $94.00 price target, implying a 45.6% upside. Read More
• Positive Sentiment: Robert W. Baird maintained an “outperform” rating with an $85.00 target (31.6% upside), despite cutting its forecast. The Fly
• Neutral Sentiment: JPMorgan trimmed its price target from $76 to $66 and assigned a “neutral” rating, citing valuation concerns. Benzinga
• Neutral Sentiment: Wells Fargo cut its target to $72 (from $93) but kept an “overweight” rating, reflecting mixed views on growth. Benzinga
• Neutral Sentiment: Piper Sandler lowered its price target to $83 (from $105) while maintaining an “overweight” stance. Tickerreport.com
• Neutral Sentiment: Stifel Nicolaus trimmed its target to $85 (from $90) but retains a “buy” recommendation. Benzinga
• Negative Sentiment: A Reuters report noted Cooper lowered its full-year revenue forecast, putting pressure on shares. Article Title
• Negative Sentiment: Citi downgraded the stock to “hold” after cutting revenue guidance, driving a pre-market sell-off. Article Title
• Negative Sentiment: A Benzinga pre-market note flagged downbeat sales trends, aligning Cooper with other underperformers. Article Title
• Negative Sentiment: The Fool’s analysis explains why the stock sank 13% despite an EPS beat, highlighting investor disappointment on forward outlook. Article Title