DA Davidson Maintains Neutral on Herbalife, Lowers Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser maintains a Neutral rating on Herbalife (NYSE:HLF) and lowers the price target from $11 to $9.5.
March 25, 2024 | 4:06 pm
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NEGATIVE IMPACT
Herbalife's price target was reduced from $11 to $9.5 by DA Davidson, while maintaining a Neutral rating.
The reduction in price target by a reputable analyst like Linda Bolton Weiser could lead to a negative short-term sentiment among investors, potentially causing a decrease in Herbalife's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100