Jefferies lowered the firm’s price target on Reckitt Benckiser (RBGLY) to 5,000 GBp from 5,100 GBp and keeps a Hold rating on the shares. The firm updated the company’s model post the Q1 results last month and the latest updates on divestment plans and litigation.
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Read More on RBGLY:
- Reckitt’s Uncertain Outlook: Hold Rating Amid Strategic and Operational Challenges
- Reckitt Faces Mixed Legal Outcomes: Hold Rating Reflects Cautious Stance Amid Ongoing Litigation Uncertainty
- Reckitt Benckiser price target lowered to 5,400 GBp from 5,700 GBp at Citi
- Reckitt Benckiser price target lowered to 5,300 GBp at Morgan Stanley
- Reckitt Benckiser price target lowered to 5,550 GBp from 5,600 GBp at Barclays