tiprankstipranks
Hain Celestial price target lowered to $8 from $9 at Barclays
The Fly

Hain Celestial price target lowered to $8 from $9 at Barclays

Barclays lowered the firm’s price target on Hain Celestial (HAIN) to $8 from $9 and keeps an Equal Weight rating on the shares. While Hain’s guidance for EBITDA cadence in fiscal 2025 is a bit more back-end loaded than current consensus estimates suggest, it is not that far off from how the company has planned the year such that the 16% post-earnings move in shares “seems overdone,” the analyst tells investors in a research note.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App