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HRG Group (HRG) CEO Omar Asali to Step Down; Company to Explore Strategic Alternatives

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Jefferies Remains Bullish on Spectrum Brands (SPB) Following 4Q - PT to $154

November 18, 2016 8:41 AM EST

Jefferies maintained a Buy rating on Spectrum Brands (NYSE: SPB), and cut the price target to $154.00 (from $160.00), following the company's 4Q report. SPB's reported -3.2% org sales were dragged down by four fewer shipping days and exiting unprofitable businesses. Underlying growth was in-line with Street.... More