Prestige Consumer price target lowered to $71 from $75 at Jefferies

Jefferies lowered the firm’s price target on Prestige Consumer (PBH) to $71 from $75 and keeps a Hold rating on the shares. Macro headwinds continue to be felt more acutely in consumer health than other pockets of staples, says the analyst, who lowered targets and estimates across the firm’s consumer health coverage into Q3 earnings reports from the group.