Cooper Companies price target raised by $10 at BofA, here’s why

BofA raised the firm’s price target on Cooper Companies to $390 from $380 and keeps a Buy rating on the shares after the company reported fiscal Q4 revenue and EPS “essentially inline” with the Street’s estimates. The firm thinks the company’s guidance looks conservative, especially if the U.S. dollar continues to weaken, which creates potential upside to numbers, the analyst tells investors.