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Hims & Hers price target lowered to $21 from $23 at BofA

BofA analyst Allen Lutz lowered the firm’s price target on Hims & Hers to $21 from $23 and keeps a Neutral rating on the shares. The firm, which estimates GLP-1 EBITDA contributions could decrease 50% this year, sees downside revision risk to 2026 consensus EBITDA estimates.

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