Prestige Consumer price target raised to $100 from $93 at Canaccord

Canaccord analyst Susan Anderson raised the firm’s price target on Prestige Consumer (PBH) to $100 from $93 and keeps a Buy rating on the shares. The firm said they reported strogn Q3 results and they are continuing to generate cash with low-to-mid-30’s EBITDA margins, benefiting from a diverse portfolio of brands, and continuing to invest in innovation to drive price and volume growth.