Evercore ISI lowered the firm’s price target on Energizer (ENR) to $28 from $30 and keeps an Outperform rating on the shares. The emphasis is on a strong rebound in the latter half of the year with Energizer poised for growth as Duracell’s market presence wanes, “offering a unique opportunity for strategic execution,” the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENR: