Canaccord raised the firm’s price target on Energizer to $36 from $34 and keeps a Hold rating on the shares. The firm said Q4 results were generally better across the board, with sales above consensus. They said after a weaker 2024 guide on the top line, they reduced theirr sales estimates, while their profitability estimates increased modestly.
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Read More on ENR:
- 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
- Energizer Holdings, Inc. Announces Fiscal 2023 Fourth Quarter and Full Year Results and Financial Outlook for Fiscal 2024
