Alcon Gears Up For Q3 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Alcon Inc. ALC is projected to release financial results for its third quarter, after the closing bell on Nov. 14, 2023.

Analysts expect the company to post quarterly earnings at 67 cents per share, up from year-ago earnings of 50 cents per share. The company’s revenue might come in at $2.35 billion, compared to $2.12 billion in the year-ago period.

Alcon, during August, reported better-than-expected results for its second quarter.

Alcon shares fell 1.1% to close at $72.05 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Argus Research analyst John Staszak maintained a Buy rating and raised the price target from $90 to $95 on Sept. 8, 2023. This analyst has an accuracy rate of 66%.
• Wells Fargo analyst Larry Biegelsen maintained an Overweight rating and increased the price target from $80 to $89 on Aug. 17, 2023. This analyst has an accuracy rate of 71%.
• Baird analyst Jeff Johnson maintained an Outperform rating and raised the price target from $90 to $95 on Aug. 17, 2023. This analyst has an accuracy rate of 76%.
• BTIG analyst Ryan Zimmerman maintained a Buy rating and increased the price target from $81 to $88 on May 11, 2023. This analyst has an accuracy rate of 71%.

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