Canaccord Lowers Prestige Consumer Healthcare's Price Target Amid Q4 Weakness
Canaccord Genuity reduced its price target for Prestige Consumer Healthcare (PBH) from $86 to $72 following weaker-than-expected fourth-quarter results, primarily due to soft demand in the eye care segment and external pressures like the Iran conflict. The firm maintains a 'Buy' rating despite the downgrade.
Tickers: $PBH
Topics: M&A Activity Pharmaceuticals Stock Price Target Adjustment