BofA downgraded Reckitt Benckiser (RBGLY) to Neutral from Buy citing a lack of near-term catalysts and its preference for Unilever.
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Read More on RBGLY:
- Reckitt Benckiser price target raised to 5,600 GBp from 5,360 GBp at Barclays
- Reckitt Benckiser price target raised to 6,000 GBp from 5,700 GBp at RBC Capital
- Reckitt Benckiser Reports Growth and Strong Shareholder Returns
- Reckitt’s Strong EPS Performance and Discounted Valuation Present Attractive Investment Opportunity
- Cautious Hold Rating for Reckitt Amid Sales Growth Concerns and Dis-synergies Impact