Mizuho Maintains Neutral on Herbalife, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a Neutral rating on Herbalife (NYSE:HLF) and reduced the price target from $14 to $12.
February 17, 2024 | 12:06 am
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Mizuho analyst John Baumgartner maintains a Neutral rating on Herbalife and lowers the price target from $14 to $12.
The reduction in price target by Mizuho suggests a less optimistic outlook on Herbalife's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100