Energizer to close feminine care facility in Montreal by 2017 Energizer Holdings announced that it will close its feminine care facility in Montreal, Quebec by early 2017. This is a part of Energizer's previously announced restructuring program, and costs and savings from the closure are included in the estimated $350M in total restructuring costs and $300M in total gross restructuring savings.
Energizer downgraded to Market Perform from Outperform at Wells Fargo Wells Fargo downgraded Energizer to Market Perform citing the recent rally in shares. Wells believes the Duracell sale prices suggests a lower, not higher valuation for shares. It sees a balanced risk/reward as current levels and keeps a $132-$137 price target range for Energizer.