RBC Capital lowered the firm’s price target on Edgewell Personal Care (EPC) to $35 from $43 and keeps an Outperform rating on the shares. The company reported a tough Q2 marked by continued weakness in North America that more than offset international strength, while the management trimmed their full year outlook on an expectation of worsening consumer sentiment in the back half, the analyst tells investors in a research note. This is prudent given the current uncertainty, the firm adds.
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