Yunqi Capital Opposes STAAR's Sale to Alcon at $30.75
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 57 minutes ago
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Source: Newsfilter
- Shareholder Opposition: Yunqi Capital, holding a 5.1% stake in STAAR, firmly opposes the sale at $30.75 per share, asserting that it is not the right time to sell the company and that the deal fails to maximize shareholder value.
- Inopportune Market Timing: Yunqi Capital emphasizes that STAAR is at a strategic inflection point, with demand indicators in the Chinese market showing signs of recovery, suggesting that selling now would forfeit future growth opportunities.
- Transaction Structure Issues: Yunqi Capital criticizes STAAR's go-shop process as being designed to secure the deal with Alcon rather than genuinely seeking alternative bids, thereby limiting potential buyers' participation.
- Lack of Transparency: Yunqi Capital questions STAAR's failure to communicate transparently with shareholders, particularly regarding the roles and decisions of management and the board during the go-shop process, which undermines shareholder trust.
ALC.N$0.0000%Past 6 months

No Data
Analyst Views on ALC
Wall Street analysts forecast ALC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALC is 93.78 USD with a low forecast of 80.00 USD and a high forecast of 112.74 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast ALC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALC is 93.78 USD with a low forecast of 80.00 USD and a high forecast of 112.74 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 78.870

Current: 78.870

Canaccord
William Plovanic
maintain
$28
Reason
Canaccord
William Plovanic
Canaccord analyst William Plovanic raised the firm's price target on Staar Surgical (STAA) to $30.75 from $28 and keeps a Hold rating on the shares. The firm noted Alcon (ALC) announced this morning an amended merger agreement with Staar Surgical, where the they have increased its acquisition price to $30.75 from previous $28, a 10% increase in its bid.
Equal Weight
maintain
$28
Reason
Wells Fargo analyst Simran Kaur raised the firm's price target on Staar Surgical to $30.75 from $28 and keeps an Equal Weight rating on the shares. The firm notes Alcon (ALC) announced it is increasing its bid price for Staar (STAA) from $28/share to $30.75/share, or a total equity value of $1.6B. Vote is expected next Friday.
Citi analyst Veronika Dubajova lowered the firm's price target on Alcon to CHF 90 from CHF 91 and keeps a Buy rating on the shares.
Outperform
maintain
$95 -> $98
Reason
Baird analyst Jeff Johnson raised the firm's price target on Alcon to $98 from $95 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results leading to increased conviction in 2026.
About ALC
Alcon AG is a Switzerland-based eye care company. The Company research, develop, manufacture, distribute and sell a full suite of eye care products within two key businesses: Surgical and Vision Care. The Company’s Surgical business is focused on ophthalmic products for cataract surgery, vitreoretinal surgery, refractive laser surgery and glaucoma surgery. The surgical portfolio includes implantables, consumables and surgical equipment required for these procedures and supports the end-to-end needs of the ophthalmic surgeon. The Company’s Vision Care business comprises of daily disposable, reusable and color-enhancing contact lenses and a portfolio of ocular health products, including products for dry eye, ocular allergies, glaucoma, and contact lens care, as well as ocular vitamins and redness relievers. The Company operates in 60 countries and serves consumers and patients in over 140 countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.