Cooper Companies warning letter should not hurt business, says Wells Fargo Wells Fargo believes the FDA warning letter sent to Cooper Companies relating to issues at the company's Puerto Rico contact lens manufacturing plant will not impact business. After speaking to management, Wells thinks Cooper has already responded to many of the violations in the letter. The firm has an Outperform rating on the stock.
K2M, Cooper favorite med tech names in current envirnoment, says Piper Jaffray Piper Jaffray analyst Matt O'Brien said that his favorite names in medical technology given the current environment of broader market weakness are K2M Group (KTWO) and Cooper Companies (COO) given their limited exposure to China and the fact that neither has large exposure to big capital equipment purchases or deferrable procedures nor are they in need of capital. O'Brien has Overweight ratings on both stocks.