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Barclays Sticks to Their Buy Rating for Haleon PLC (HLN)

Tipranks - Tipranks - Tue Jun 30, 3:48AM CDT

Barclays analyst Warren Ackerman maintained a Buy rating on Haleon PLC today and set a price target of £4.15.

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Ackerman covers the Consumer Defensive sector, focusing on stocks such as Reckitt, Nestlé SA, and Unilever. According to TipRanks, Ackerman has an average return of 0.0% and a 47.60% success rate on recommended stocks.

In addition to Barclays, Haleon PLC also received a Buy from Morgan Stanley’s Sarah Simon in a report issued on June 15. However, on June 24, J.P. Morgan maintained a Sell rating on Haleon PLC (LSE: HLN).

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Based on Haleon PLC’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p2.74 billion and a net profit of p403 million. In comparison, last year the company earned a revenue of p2.78 billion and had a net profit of p303 million

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