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Unilever beats sales forecast as customers return to brands

Unilever beats sales forecast as customers return to brands
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Reckitt beats sales estimates, driven by Dettol, Lysol, Retail News, ET Retail

Consumer companies from Reckitt to Nestle have invested heavily in product innovation to win back shoppers who had turned to cheaper brands during the COVID-19 pandemic and more recent cost-of-living crisis. They hope improvements to existing products will allow them to raise prices without taking a hit on sales volumes. Reckitt's other products include Nurofen tablets, cold remedy Lemsip and Durex condoms.

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UNILEVER PLC : Gets a Sell rating from Jefferies

Jefferies's analyst David Hayes maintains his Sell rating on the stock. The target price remains set at GBX 3400.

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NESTLE : Gets a Sell rating from Jefferies

Jefferies analyst David Hayes reiterate his Sell rating on the stock. The target price continues to be set at CHF 84.50.

David-hayes ,

New York Choral Society to Perform The Unicorn, With Music by Leonard Bernstein and Gian Carlo Menotti

New York Choral Society to Perform The Unicorn, With Music by Leonard Bernstein and Gian Carlo Menotti
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RECKITT : Jefferies reiterates its Neutral rating

In a research note published by David Hayes, Jefferies gives a Neutral rating to the stock. The target price continues to be set at GBX 4400.

David-hayes , Markets ,

[UPDATE] Water main on McLendon Drive has been repaired

[UPDATE] Water main on McLendon Drive has been repaired
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L'Oreal Shares Rise Following Higher Sales

By Nina Kienle


L'Oreal shares rose on Friday after the French Cosmetics giant posted higher sales for its first quarter late Thursday.

At 0747 GMT, shares rose 4.8% at EUR444.10.

...

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DANONE : Gets a Buy rating from Jefferies

In a research note published by David Hayes, Jefferies advises its customers to buy the stock. The target price is unchanged at EUR 68.

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