B of A Securities Maintains Underperform on Herbalife, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Anna Lizzul maintains an Underperform rating on Herbalife (NYSE:HLF) and lowers the price target from $10 to $8.
March 21, 2024 | 5:46 pm
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B of A Securities maintains an Underperform rating on Herbalife and lowers the price target from $10 to $8.
The reduction in price target by B of A Securities, accompanied by an Underperform rating, suggests a bearish outlook on Herbalife's stock. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations based on this new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100