Reynolds Consumer Products price target lowered to $23 from $26 at JPMorgan

JPMorgan analyst Andrea Teixeira lowered the firm’s price target on Reynolds Consumer Products (REYN) to $23 from $26 and keeps a Neutral rating on the shares. The firm adjusted targets in the household and personal care group as part ahead of earnings season. Shark Ninja, Church & Dwight and e.l.f. Beauty will likely have the best reports on a relative basis, the analyst tells investors in a research note. JPMorgan expects investor focus will be on customer behaviors, cost pressures and deal flow.