Wells Fargo has downgraded Bausch + Lomb (TSX:BLCO) from Overweight to Equal-Weight as of March 28, 2025. The average one-year price target is $28.40/share, indicating a potential upside of 26.66% from the current price of $22.42/share, despite a projected revenue decrease of 9.89%. Institutional ownership has seen a slight increase, with 156 funds reporting positions, although total shares owned by institutions fell by 7.57% in the last three months.