Barclays Maintains Equal-Weight on Hain Celestial Group, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Equal-Weight rating on Hain Celestial Group (NASDAQ:HAIN) and lowers the price target from $8 to $7.
May 10, 2024 | 7:06 pm
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Barclays has maintained its Equal-Weight rating on Hain Celestial Group but lowered the price target from $8 to $7, indicating a cautious outlook on the stock's short-term price movement.
The reduction in price target by a notable analyst like Andrew Lazar suggests a less optimistic view on the company's near-term financial performance or market position, potentially leading to negative investor sentiment and a decrease in stock price in the short term.
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