DA Davidson Maintains Neutral on Herbalife, Lowers Price Target to $7.5
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 $13 to $7.5.
October 31, 2024 | 9:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
DA Davidson has maintained a Neutral rating on Herbalife but significantly lowered the price target from $13 to $7.5, indicating potential concerns about the company's future performance.
The significant reduction in the price target from $13 to $7.5 suggests that the analyst sees potential downside risks or challenges for Herbalife. Maintaining a Neutral rating indicates no strong buy or sell recommendation, but the lowered target could lead to negative sentiment and potential short-term price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100