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Fly News Breaks for May 10, 2019
EPC
May 10, 2019 | 08:16 EDT
SunTrust analyst William Chappell lowered his price target on Edgewell Personal Care to $35 to reflect the "high leverage" assumed in its Harry's deal and the high price paid for the combination. While he is positive on the company implementing a marketing overhaul for Harry's, he keeps his Hold rating on the stock given that the deal closing is still months away.
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