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Alcon Inc (ALC) receives a Buy rating from Needham

In a filing, Alcon Inc revealed its Officer Duplan Sergio acquired Company’s shares for reported $1.17 million on Mar 03 ’25. In the deal valued at $93.20 per share,12,600 shares were bought.

Then, STONESIFER TIMOTHY C. bought 20,000 shares, generating $1,841,800 in total proceeds.

Before that, Attias Laurent bought 9,000 shares. Alcon Inc shares valued at $826,920 were divested by the Officer at a price of $91.88 per share.

Needham reiterated its Alcon Inc [ALC] rating to a Buy in a research note published on March 28, 2025; the price target was $110. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. Needham also remained covering ALC and reiterated its “Buy” recommendation on January 24, 2025. Redburn Atlantic revised its rating on January 10, 2025. It rated ALC as “a Buy” which previously was an “a Neutral”.

Price Performance Review of ALC

On Tuesday, Alcon Inc [NYSE:ALC] saw its stock jump 1.15% to $96.42. Over the last five days, the stock has gained 3.33%. Alcon Inc shares have risen nearly 13.58% since the year began. Nevertheless, the stocks have risen 22.30% over the past one year. While a 52-week high of $101.10 was reached on 03/27/25, a 52-week low of $77.54 was recorded on 04/07/25. SMA at 50 days reached $91.25, while 200 days put it at $91.39.

Levels Of Support And Resistance For ALC Stock

The 24-hour chart illustrates a support level at 95.81, which if violated will result in even more drops to 95.20. On the upside, there is a resistance level at 96.96. A further resistance level may holdings at 97.50. The Relative Strength Index (RSI) on the 14-day chart is 62.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.26%. Stochastics %K at 96.95% indicates the stock is a selling.

How much short interest is there in Alcon Inc?

A steep rise in short interest was recorded in Alcon Inc stocks on 2025-04-15, growing by 2.26 million shares to a total of 4.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 2.07 million shares. There was a rise of 52.2%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 17, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $108.

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