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Fly News Breaks for February 25, 2020
CLX, KMB, REYN
Feb 25, 2020 | 08:36 EDT
Evercore ISI analyst Robert Ottenstein initiated coverage of Reynolds Consumer Products (REYN) with an Outperform rating and $35 price target. The stock is a "contender for the blue-chip, bond-proxy status" that Staples shares such as Kimberly-Clark (KMB) and Clorox (CLX) have given Reynolds' leading position in mature categories with sticky demand and high barriers to entry, Ottenstein tells investors.
News For REYN;KMB;CLX From the Last 2 Days
CLX
Mar 24, 2023 | 16:26 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
CLX
Mar 24, 2023 | 12:01 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
CLX
Mar 24, 2023 | 09:12 EDT
Clorox (CLX) has has been working with investment bank Goldman Sachs (GS) as it seeks to sell its vitamins, minerals and supplements business after efforts to scale it led to major losses, four people familiar with the situation told Reuters' Abigail Summerville. The VMS business represents just 3% of Clorox's total net sales, but in 2021 it forced it to take a $267M writedown as its vitamins and supplements lost market share to better known brands, the report noted. Reference Link
