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Stock impact report

Bausch & Lomb upgraded to Outperform at Evercore [Seeking Alpha]

Bausch + Lomb Corporation (BLCO) 
Company Research Source: Seeking Alpha
PT is updated to $25 from $19. The brokerage said, “FT is the first major news source to come up with specific details, noting both TPG & Blackstone could partner to make a joint bid for the asset. We are upgrading BLCO to Outperform on the potential for a sale.” “From BLCO equity holders standpoint, given that shares have been range bound on parent overhang, we wouldn't expect any roadblocks to a potential sale to PE,” adds Evercore. BLCO stock has risen 23.5% in the last 12 years. More on Bausch + Lomb Sale Rumors Lift Both Bausch + Lomb And Parent Bausch Health - A Breakthrough Is Likely With Buyout Interest, Bausch + Lomb May Still Be Worth Interest At Current Levels Bausch + Lomb Corporation 2024 Q2 - Results - Earnings Call Presentation Bausch & Lomb gains amid report TPG, Blackstone working on joint bid Bausch & Lomb may be worth about $28 a share in takeover - analyst Recommended For You Comments More Trending News Recommended For You More Trending Show less Read more
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