Market Overview

Morgan Stanley Lowers EPS For Avon Products On Weakening Fundamentals

Related AVP
Herbalife Falls on Reports of Federal Probe - Analyst Blog
Herbalife Launches Website to Improve Image - Analyst Blog

In a report published Friday, Morgan Stanley analyst Dara Mohsenian reiterated an Equal-Weight rating on Avon Products (NYSE: AVP).

In the report, Morgan Stanley noted, “We remain Equal-weight AVP. We expect sales growth to remain weak given a difficult macro/competitive environment, particularly in EM's, as well as still spotty execution. We worry a topline re-acceleration will require substantial re-investment.”

Avon Products closed on Friday at $14.60.

Posted-In: Dara Mohsenian Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Most Popular

Related Articles (AVP)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free