How Will Unilever (UL) Stock React to This Analyst Downgrade?

NEW YORK (TheStreet) -- Shares of Unilever (UL)  are lower by 0.43% to $42.05 in early market trading after the consumer goods company was downgraded to "underperform" from "hold" by analysts at Jeffries today. 

The firm cited valuation and risks such as consumer demand, commodity costs and financing for its cut in rating.

Analysts lowered its price target to about $34.16, down from its previous $37.24.

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UL Chart UL data by YCharts

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