Morgan Keegan Maintains Outperform Rating, $73 PT On COO

Morgan Keegan is maintaining its Outperform rating and $73 PT on shares of The Cooper Companies Inc. COO.

“Following a 3.7% decline in Cooper shares yesterday due to concerns about the evolving situation in Japan, we have again checked in with management to get an update on the company's operations,” Morgan Keegan writes. “Although the situation remains fluid in Japan, we believe that Cooper is relatively well-positioned to minimize disruptions to its operations.”

The Cooper Companies closed Tuesday at $66.15.