tiprankstipranks
The Fly

Edgewell Personal Care price target lowered to $32 from $35 at Morgan Stanley

Edgewell Personal Care price target lowered to $32 from $35 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Edgewell Personal Care (EPC) to $32 from $35 and keeps an Underweight rating on the shares after a fiscal Q1 EPS miss. “More significantly,” Edgewell lowered FY EPS guidance to the low-end of the prior range and gave weak fiscal Q2 organic sales growth guidance, the analyst tells investors.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com