Northland analyst Owen Rickert raised the firm’s price target on Honest Company (HNST) to $7.50 from $6.50 and keeps an Outperform rating on the shares after the company reported “record” Q3 revenue and adjusted EBITDA that beat the firm’s estimate. This was “another stellar quarter across the board and strong trends from 2Q definitely maintained momentum into 3Q,” the analyst tells investors.
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