Information Provided By:
Fly News Breaks for March 4, 2019
EPC
Mar 4, 2019 | 08:58 EDT
SunTrust analyst William Chappell raised his price target on Edgewell Personal Care to $45 after traveling with its newly appointed CEO Rod Little to meet with investors. The analyst says the discussions have given him a greater appreciation for the current wet shave market dynamics, the decision to divest the FemCare and Infant Care businesses, and the initiatives being taken to improve top and bottom line growth. Chappell also believes that the "worst of the storm" around "commodity pressures, adverse FX, and new competition" is now in the past. The analyst keeps his Hold rating on Edgewell Personal Care however in expectation of the competitive wet shave business and a protracted turnaround in the company's Infant Care and Feminine Care segments.
News For EPC From the Last 2 Days
There are no results for your query EPC