Alcon price target raised to $104 from $98 at BTIG

BTIG raised the firm’s price target on Alcon to $104 from $98 and keeps a Buy rating on the shares after meting with its management team. The discussion focused on market dynamics and product drivers in each of the company’s respective product segments, the analyst tells investors in a research note, adding that not all new products will come out on January 1st, 2025, but the firm sees a period of successive product launches with long tails that can sustain Alcon’s growth at the top end of its long-term growth range.