Unilever lower after Credit Suisse warning

|About: Unilever Plc (UL)|By:, SA News Editor

Unilever (UL -1.8%) trades lower after Credit Suisse issues a report backing its Underperform rating.

The investment firm has warned on valuation on Unilever for close to a year. The latest take is that emerging markets won't provide the necessary growth to offset sluggish pricing trends in developing markets.