Mizuho Maintains Neutral on Herbalife, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a Neutral rating on Herbalife (NYSE:HLF) and reduced the price target from $17 to $14.
November 29, 2023 | 5:17 pm
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NEGATIVE IMPACT
Herbalife's price target has been lowered from $17 to $14 by Mizuho, while maintaining a Neutral rating.
A lowered price target typically indicates a reduced expectation of the stock's future price performance, which can lead to negative investor sentiment and a potential decrease in the stock price in the short term. The Neutral rating suggests that the analyst does not see significant upside or downside potential from the current price level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100