DA Davidson Initiates Coverage On Herbalife with Neutral Rating, Announces Price Target of $13.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser has initiated coverage on Herbalife (NYSE:HLF) with a Neutral rating and a price target of $13.5.
September 14, 2023 | 8:29 am
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NEUTRAL IMPACT
Herbalife receives a Neutral rating from DA Davidson with a price target of $13.5.
The neutral rating from DA Davidson indicates that the analyst believes Herbalife's stock will perform in line with the market average. This could mean that there are no significant catalysts expected to drive the stock price significantly higher or lower in the short term. The price target of $13.5 suggests that the analyst sees some upside potential in the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100