Unilever upgraded at RBC Capital As noted earlier, RBC Capital upgraded Unilever to Sector Perform from Underperform. The firm thinks the company's growth model is not broken, but only "taking a breather." It believes that the company can raise its margins further. Target to $32 from $30.
Unilever to make Spreads business standalone unit Unilever announced at an investor conference that it will make its Spreads business a standalone business unit called Baking, Cooking and Spreading. The company expects the unit to be fully operational by mid 2015 with its own P&L, cash flow and balance sheet.