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Prestige Consumer price target raised to $93 from $87 at Oppenheimer

Prestige Consumer price target raised to $93 from $87 at Oppenheimer

Oppenheimer raised the firm’s price target on Prestige Consumer (PBH) to $93 from $87 and keeps an Outperform rating on the shares after meetings with senior management. The company does not comment on intra-quarter business trends. Overall, the firm walked away still confident with its bullish view and longer-term thesis. The tone of management remained constructive on the company’s shorter- and longer-term prospects.

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