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Fly News Breaks for November 25, 2019
ENR
Nov 25, 2019 | 08:36 EDT
JPMorgan analyst Andrea Teixeira upgraded Energizer to Neutral from Underweight with a price target of $51, up from $41. Following the company's analyst day, the analyst has "greater visibility" on Energizer's long-term plans. Teixeira, who has greater confidence that the company's EBITDA targets are achievable, remains cautious on trends for the next quarter due to excess inventory.
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