Energizer Holdings, Inc. Announces Fiscal 2016 Second Quarter Results and Raises Financial Outlook for Fiscal 2016

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Jefferies Raises Price Target on Energizer Holdings (ENR) Following 2Q Beat and Raise

May 5, 2016 8:31 AM EDT

Jefferies reiterated a Hold rating on Energizer Holdings (NYSE: ENR), and raised the price target to $45.00 (from $42.00), following the company's 2Q earnings report. ENR's topline came in 6% ahead of Street estimates thanks to organic sales of +0.5%. EPS also beat consensus at $0.30 vs. $0.21.... More