The Cooper Companies CFO Gregory W. Matz to Retire; Albert G. White Named Successor in Planned Transition
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Stifel Reiterates Buy on Cooper Cos. (COO) Following In-Line 3Q
September 2, 2016 7:04 AM EDTStifel reiterated a Buy rating and $215.00 price target on Cooper Companies (NYSE: COO) following the company's 3Q earnings report. COO reported revenues of $515MM, essentially matching $511MM estimates. EPS was $2.30, slightly below $2.34 estimates. On the conference call, management clarified concerns about weakness in July, talked to ongoing APAC traction, and the disappointing CSI GM should represent the trough.... More
