Henkel upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Patrick Folan upgraded Henkel (HENKY) to Overweight from Equal Weight with a price target of EUR 80, up from EUR 75. The firm says that while beauty remains an attractive category, structural and cyclical pressures are creating a “new paradigm that global manufacturers are having to adapt to.” Barclays adjusted ratings in European consumer staples.