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Fly News Breaks for November 30, 2015
PBH
Nov 30, 2015 | 06:17 EDT
Jefferies analyst Kevin Grundy downgraded Prestige Brands to Underperform with the stock near an all-time high following the DenTek acquisition. Growth expectations are too high and shares have 19% downside risk over the next 12 months, Grundy tells investors in a research note. He has a $44 price target for Prestige shares.
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