Kepler Cheuvreux analyst Karel Zoete upgraded Reckitt Benckiser (RBGLY) to Buy from Hold with a 6,000 GBp price target The firm views the post-earnings selloff as overdone.
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Read More on RBGLY:
- Reckitt Benckiser price target lowered to 6,200 GBp at Morgan Stanley
- Hold Rating Maintained Amid Softer Near-Term Sales Outlook and Margin Uncertainty Despite Emerging Market Support
- Reckitt: Sector-Driven Share Price Weakness Masks Solid Fundamentals and Long-Term Growth Upside
- Reckitt Benckiser price target lowered to 5,460 GBp at Deutsche Bank
- Reckitt Benckiser upgraded to Overweight from Equal Weight at Morgan Stanley