Unilever price target raised to 4,000 GBp from 3,700 GBp at Jefferies

Jefferies analyst David Hayes raised the firm’s price target on Unilever to 4,000 GBp from 3,700 GBp and keeps an Underperform rating on the shares. The firm thinks volume growth will reflect an incrementally more challenging consumer environment in the U.S. and intensifying competition in most markets, leading it to fear a consensus miss when Q2 results are released on July 25, the analyst tells investors.