Helen of Troy price target lowered to $53 from $70 at Canaccord

Canaccord lowered the firm’s price target on Helen of Troy (HELE) to $53 from $70 and keeps a Buy rating on the shares. The firm said they reported inline Q4 results but the focus on the conference call was on its exposure to tariffs and weakened consumer confidence. Management noted that there are a lot of unknowns heading into FY26, leading to no FY26 guidance, as management expects a high probability of negative cascading effects due to the ever-changing tariff policies, including higher inflation, worsening unemployment, and increased consumer uncertainty.