Haleon price target lowered to 378 GBp from 400 GBp at Barclays

Barclays analyst Iain Simpson lowered the firm’s price target on Haleon to 378 GBp from 400 GBp and keeps an Overweight rating on the shares. The analyst says the company’s respiratory growth “looks to have normalized” but the overall comparison base is much easier this quarter than last. The firm believes Haleon “appears to be building an enviable track record of top-line delivery.”