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Edgewell Personal Care price target lowered to $40 from $53 at Canaccord

Canaccord lowered the firm’s price target on Edgewell Personal Care (EPC) to $40 from $53 and keeps a Buy rating on the shares. The firm said as the comany saw wins within its RTW business, continued weakness in feminine care and the North American wet shave business, coupled with currency headwinds, pressured sales and earnings. Canaccord lowered its target due to near-term currency headwinds and weakness in the Fem Care business.

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