Barclays lowered the firm’s price target on Hain Celestial (HAIN) to $2 from $4 and keeps an Equal Weight rating on the shares. The firm says that with Hain searching for new leadership and a full strategic review under way, analyzing the business going forward “admittedly becomes more of a challenge.”
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Read More on HAIN:
- Hain Celestial downgraded to Neutral from Buy at CL King
- Hain Celestial price target lowered to $5 from $10 at Maxim
- Hain Celestial downgraded to Market Perform from Outperform at Bernstein
- Hain Celestial: Hold Rating Amid Leadership Changes and Financial Uncertainty
- Hain Celestial Faces Challenges Amid Strategic Transition