Prestige Consumer price target lowered to $86 from $88 at Canaccord

Canaccord lowered the firm’s price target on Prestige Consumer (PBH) to $86 from $88 and keeps a Buy rating on the shares. The firm said they reported 3Q26 results with sales down -2.4% to $283.4M versus Street estimates of $282.0M and versus guidance of about $282M. Management noted that sales were primarily impacted by Clear Eyes supply.