Berenberg initiated coverage of Haleon American depository receipts with a Buy rating and $11.44 price target. The firm remains constructive on the stock, saying the company’s key catalysts are becoming increasingly more visible. The analyst expects Haleon’s volume growth to inflect in Q3 to 3.9%, as the drag from destocking in the key U.S. over-the-counter segment ended in Q2 and the tough comparatives in China are now behind it.
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- Haleon PLC Sponsored ADR (HLN) Unveils Dividend Details for Q3: Mark Your Calendar!
- Haleon price target raised to 410 GBp from 385 GBp at Jefferies
- Haleon price target raised to 410 GBp from 407 GBp at Berenberg
- Haleon price target lowered to 340 GBp from 345 GBp at Deutsche Bank
- Haleon price target raised to $9.45 from $9.30 at Morgan Stanley
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