RBC Capital Downgrades Energizer Hldgs to Sector Perform, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi downgraded Energizer Holdings (ENR) from Outperform to Sector Perform and reduced the price target from $40 to $38.
November 15, 2023 | 11:37 am
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Energizer Holdings was downgraded by RBC Capital from Outperform to Sector Perform, with a price target decrease from $40 to $38.
Analyst downgrades typically lead to negative sentiment among investors and can result in a short-term decline in stock price. The reduction in price target further supports the likelihood of a negative impact on ENR's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100