UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on Energizer Holdings on Expected Earnings Growth

In a report published Friday, Deutsche Bank reiterated its Buy rating on Energizer Holdings

, and raised its price target from $90.00 to $95.00. Deutsche Bank noted, “Still cheap relative to group/potential While batteries remain a growth and valuation overhang, combination of aggressive battery restructuring, cash flow inflection, and personal care innovation and category growth driven sales acceleration continue to provide decent relative value in the name. While multiple has expanded and insider selling is increasing, earnings growth should accelerate.” Energizer Holdings closed on Thursday at $91.19.