Trouble in Emerging-Market Currencies Spreads, Stocks Fall (SPY)
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Analyst Comments on Movement in Avon (AVP) CDS Spreads
January 24, 2014 11:40 AM ESTDeutsche Bank maintained a Buy rating on Avon Products (NYSE: AVP) with a price target of $25.00. Analyst Bill Schmitz Jr said action in CDS spreads indicates further pressure ahead for Avon.
"Avon's 5 year CDS spreads have widened considerably year to date, with spreads up almost 40% from December 3, 2013 level... More
