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On Tuesday, Deutsche Bank (ETR:DBKGn) issued a revised outlook for Alcon Inc. (ALC:SW) (NYSE:ALC), downgrading the company’s stock rating from Buy to Hold. The firm also adjusted Alcon’s price target from CHF 96.00 to CHF 80.00. Deutsche Bank’s analysts expressed continued confidence in Alcon’s future, citing a series of new product launches expected in 2025 and 2026 that are projected to reinforce the company’s market leadership.
Despite this optimism for Alcon’s medium-term prospects, Deutsche Bank expressed concerns over a significant slowdown in the end markets. These concerns cast doubt on Alcon’s ability to meet its slightly revised full-year guidance. The analysts noted that the company’s financial performance relies heavily on the latter part of the year, which is contingent on the successful introduction of new products.
The beginning of the year has shown further softening of end markets, which adds to the challenges faced by Alcon. Deutsche Bank highlighted the potential negative effects of the Trump administration’s tariff program on consumers, although the full impact remains uncertain.
Alcon, a leader in eye care products, is navigating an uncertain economic environment while preparing to launch new products. The company’s stock rating downgrade and price target reduction by Deutsche Bank reflect these evolving market conditions and potential headwinds.
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