Unilever Loses Leverage
Word Count: 325
| Companies Featured in This Article: Unilever
Unilever NV (UN: NYSE)
By Morgan Stanley (57.05 euros, May 8, 2006)
WE ARE DOWNGRADING Unilever to Equal-weight from Overweight.
Our estimated long-term earnings growth (2005 to 2010) drops to 6.0% from 8.1%, and in the absence of any near-term catalysts to drive the stock, with a new price target of 59 euros (from 64 euros).
Fifteen months ago, we upgraded our rating for Unilever to Overweight, ...
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