Alcon (NYSE:ALC) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.49 by 28.57 percent. This is a 12.5 percent increase over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $2.20 billion which beat the analyst consensus estimate of $2.04 billion by 7.84 percent. This is a 5.06 percent increase over sales of $2.09 billion the same period last year.
JP Morgan Downgrades Holley to Neutral, Lowers Price Target to $9
JP Morgan analyst Christian Carlino downgrades Holley (NYSE:HLLY) from Overweight to Neutral and lowers the price target from $14 to $9.