The Hain Celestial Group shares are trading higher after Stephens & Co initiated coverage on the stock with an Overweight rating an announced a $17 price target.
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co initiated coverage on The Hain Celestial Group with an Overweight rating and a $17 price target, causing the shares to trade higher.
June 23, 2023 | 4:13 pm
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POSITIVE IMPACT
Hain Celestial Group's stock is trading higher after Stephens & Co initiated coverage with an Overweight rating and a $17 price target.
The initiation of coverage by Stephens & Co with an Overweight rating and a $17 price target is a positive signal for Hain Celestial Group's stock. This endorsement from a reputable analyst firm is likely to increase investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100