Mizuho lowered the firm’s price target on Hain Celestial (HAIN) to $3 from $3.50 and keeps a Neutral rating on the shares. The firm adjusted targets in the food producer sector. The analyst’s top picks feature degrees of support from increasing distribution, category growth, limited private label exposure. Mizuho reduced targets for multiple companies in conjunction with the industry valuation de-rating.
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Read More on HAIN:
- Hain Celestial price target lowered to $2 from $4 at Barclays
- 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