Truist raised the firm’s price target on Energizer to $40 from $35 but keeps a Hold rating on the shares. The firm is updating its estimates following the company’s Q4 results and initial FY24 guidance, also stating however that Energizer will need to show a few consecutive quarters of organic volume growth before investors take notice again.
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Read More on ENR:
- Energizer price target raised to $36 from $34 at Canaccord
- Energizer downgraded to Sector Perform from Outperform at RBC Capital
- Energizer downgraded to Underweight from Equal Weight at Morgan Stanley
- Energizer downgraded to Underweight from Neutral at JPMorgan
- Energizer sees FY24 adjusted EPS $3.10-$3.30, consensus $3.36
