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Cooper Companies met Q1 expectations, updated 2025 guidance, saw stock drop but got a Wells Fargo upgrade.
Medical device company Cooper Companies met market expectations with a Q1 EPS of $0.92 and updated its 2025 guidance to an EPS range of 3.940-4.020, with revenue expected between $4.1bn-$4.2bn.
Despite a stock drop to $90.98, Wells Fargo upgraded its rating to "overweight" with a target price of $118.
The company's two divisions, CooperVision and CooperSurgical, saw revenue increases of 4% and 3% respectively.
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Cooper Companies cumplió con las expectativas del Q1, actualizadas en 2025, vio una caída de stock, pero obtuvo una actualización de Wells Fargo.