J.P. Morgan upgrades Energizer Holdings to 'neutral'

Energizer Holdings

20/11/2024 16:15

** J.P. Morgan upgrades household products provider
Energizer Holdings  ENR.N  to "neutral" from "underweight"
    ** Brokerage says the co is set to have more consistent top
line and bottom line 
    ** Says ENR's top line is fueled by products volume growth
and reinvestment of savings into advertising and promotions
    ** Brokerage raises PT to $39 from $32
    ** Three of 9 brokerages rate the stock "buy", 6 "hold";
their median PT is $36 - LSEG data
    ** Including session's moves, stock up ~19.5% YTD

 (Reporting by Prakhar Srivastava in Bengaluru)
 ((Prakhar.srivastava2@thomsonreuters.com))