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Fly News Breaks for November 16, 2018
ENR
Nov 16, 2018 | 09:10 EDT
As previously reported, BofA/Merrill double downgraded Energizer to Underperform from Buy and slashed its price target to $50 from $70. Analyst Olivia Tong said the amended terms of the Sprectrum deal makes accretion less meaningful and believes the process of turning around the business could take time.
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