11:24 AM EDT, 08/29/2024 (MT Newswires) -- Cooper (COO) shares were up more than 11% in recent Thursday trading after the company reported better-than-expected fiscal Q3 results that prompted several analysts to raise their respective price targets.

The price target increases were among others from analysts at Wells Fargo, Mizuho Securities, Stifel, Piper Sandler, and Baird.

Late Wednesday, Cooper reported fiscal Q3 non-GAAP earnings of $0.96 per diluted share, up from $0.84 a year earlier.

Analysts polled by Capital IQ expected $0.91.

Net sales for the quarter ended July 31 rose to $1 billion from $930.2 million a year earlier.

Analysts surveyed by Capital IQ expected $997.3 million.

Price: 105.34, Change: +10.80, Percent Change: +11.42