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JPMorgan upgrade lifts Reckitt Benckiser shares over 4%

JPMorgan Chase logoJPMorgan Chase
Sig1.28Sen+2.40Env0.00Soc0.00Gov0.00
Reckitt Benckiser logoReckitt Benckiser
Sig2.25Sen+3.20Env0.00Soc0.00Gov+1.20

Reckitt Benckiser Group PLC shares rose over 4% as investors digested a legal win for its Mead Johnson unit and a JP Morgan upgrade to overweight. In beverages coverage, the bank said recent profit-taking in beer stocks looked overdone and expects earnings to keep compounding at a high single-digit rate into 2027.

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