Janney Cuts Prestige Brands (PBH) to Neutral Following Genomma's Offer

February 21, 2012 12:19 PM EST
Get Alerts PBH Hot Sheet
Price: $51.38 +0.12%

Rating Summary:
    8 Buy, 4 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Janney Montgomery Scott downgraded shares of Prestige Brands (NYSE: PBH) from Buy to Neutral Tuesday morning following Genomma Lab's $16.60/share bid for the company.

Prestige Brands' shares are up nearly 19 percent at last check.

For an analyst ratings summary and ratings history on Prestige Brands click here. For more ratings news on Prestige Brands click here.

Shares of Prestige Brands closed at $13.50 yesterday.


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