JP Morgan Downgrades Energizer Hldgs to Underweight, Announces $33 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira downgraded Energizer Holdings (NYSE:ENR) from Neutral to Underweight and set a price target of $33.
November 15, 2023 | 11:27 am
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NEGATIVE IMPACT
Energizer Holdings was downgraded by JP Morgan from Neutral to Underweight with a new price target of $33.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $33 suggests a downside from the current trading level, indicating that JP Morgan sees limited upside potential for ENR.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100