A general update on the healthcare sector for FX movements has revealed the largest negative impact on Cochlear forecasts, and to a lesser extent on forecasts for Sonic Healthcare.

Ord Minnett has equally grabbed the opportunity to lower its risk ratings for Cochlear and ResMed to Low Risk from Medium. Lighten rating retained for Cochlear. Price target has lost -5c to $180.

Sector: Health Care Equipment & Services.

Target price is $180.00.Current Price is $225.96. Difference: ($45.96) - (brackets indicate current price is over target). If COH meets the Ord Minnett target it will return approximately -26% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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