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.