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Reckitt Benckiser downgraded to Market Perform from Outperform at Bernstein
The Fly

Reckitt Benckiser downgraded to Market Perform from Outperform at Bernstein

Bernstein analyst Bruno Monteyne downgraded Reckitt Benckiser (RBGLY) to Market Perform from Outperform with a price target of 5,300 GBp, down from 6,000 GBp. The firm sees a narrowed necrotizing enterocolitis litigigatiun valuation discount for the shares following Friday’s rally.

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