Nature’s Sunshine price target raised to $37 from $33 at Canaccord

Canaccord raised the firm’s price target on Nature’s Sunshine (NATR) to $37 from $33 and keeps a Buy rating on the shares. The firm said they reported better than expected Q1 results. Management highlighted plans to enter Germany and expand into two new high-value Asian markets using the Synergy Asia sales system. Management also noted they are rolling out the Synergy brand to the U.S. market through affiliates that know the brand well in Asia.