NASDAQ:COO

Goldman issues warning on CooperCompanies ahead of earnings

Goldman issues warning on CooperCompanies ahead of earnings

CooperCompanies shares rose 0.4% to $62.28 after Goldman Sachs cut its price target to $61 and reiterated a Sell rating. The company’s fiscal Q2 results are due June 4. Cooper posted Q1 revenue of $1.024 billion, up 6%, and set a 2026 adjusted EPS outlook of $4.58 to $4.66. $1.5 billion remains on its 2021 term loan, with a recent U.K. tax ruling noted in its latest 10-Q.
May 27, 2026

Stock Market Today

  • Data Protection Rises as Top Concern for Financial Institutions Amid Cyber Threats
    May 27, 2026, 10:39 AM EDT. Financial institutions face growing cybersecurity risks as digital transactions increase globally. Handling vast amounts of sensitive data makes banks prime targets for hackers using tactics like phishing scams, ransomware attacks, and insider threats. The rise of mobile banking apps adds convenience but also vulnerability to cyberattacks. Experts urge the use of secure tools such as password managers to reduce unauthorized access. Protecting data is now critical to operational security and maintaining customer trust. Financial firms must enhance defenses continuously to counter evolving cybercrime techniques and prevent costly breaches and service interruptions.