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UPDATE: Morgan Stanley Reiterates On Energizer On Remaining Stock Upside

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In a report published Thursday, Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating on Energizer (NYSE: ENR), and raised the price target from $106.00 to $124.00.

In the report, Morgan Stanley noted, “We believe ENR can trade at the high-end of our sum of parts range with potential strategic interest in personal care (and to a lesser extent household products), which still indicates solid 11% stock upside to our price target even after recent stock out-performance.”

Energizer closed on Wednesday at $111.69.

Latest Ratings for ENR

DateFirmActionFromTo
Nov 2020Morgan StanleyMaintainsOverweight
Oct 2020Morgan StanleyMaintainsOverweight
Aug 2020Morgan StanleyMaintainsOverweight

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