By: Benzinga
February 13, 2013 at 08:08 AM EST
UPDATE: Wellington Shields Upgrades Avon Products to Hold on Upcoming Turnaround
Wellington Shields upgraded Avon Products (NYSE: AVP ) from Sell to Hold and raised the price target to $21.00. Wellington Shields commented, "We are upgrading AVP to a Hold based on signs that a recovery is slowly beginning. Fourth quarter results signaled a taste of stability in the business.
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