January 26, 2009

A Big Upside to Energizer

There are multiple articles out today on Energizer Holdings. First, Zacks says that there is a big upside to the shares and sets a target of just under $80 a share, which is roughly double the current share price.

Mario Gabelli of Barron's is out with a similar call on Energizer, saying that shares could "more than double."

UBS has downgraded the stock today, sending the shares down more than 6%. If you are thinking of picking up shares, today's haircut would be a great time to do so.

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