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  "documentTitle": "Prestige Consumer Healthcare Inc. (PBH)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "presentationDate": "2020-06-30 00:00:00",
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  "notes": "The slide uses a table of analyst ratings and a stock price/target chart to highlight the disconnect between market reality and analyst optimism.",
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      "kind": "callout",
      "text": "Not a ringing endorsement from sell-side. 4 Buy Ratings. 2 Neutral Ratings and 3 Analysts Not Willing To Put A Price Target!",
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      "text": "Price Target: $46",
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      "text": "We believe there is a disconnect between the analysts' price targets and the reality of PBH's prospects of limited to declining growth. These price targets are based on the best-case scenario of flat revenue and stable margins. As the stock market and economy have tumbled due to the impact of COVID-19, analysts have not revaluated their price targets for PBH, which remain at recent highs.",
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      "text": "1) Upside based on share price of $36.63. Source: Wall Street estimates, Bloomberg",
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