Cooper Companies price target raised to $120 from $115 at Piper Sandler

Piper Sandler raised the firm’s price target on Cooper Companies to $120 from $115 and keeps an Overweight rating on the shares after the company reported Q3 results. As previewed, the operational strength combined with Fx tailwinds that developed in recent weeks allowed management to raise FY24 guidance, the third consecutive quarter of a raise from the Cooper team and execution momentum that Piper sees as having good potential to carry into FY25.