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Goldman Sachs Raises Numbers on GNC Corp. (GNC)

March 26, 2012 9:44 AM EDT Send to a Friend
Get Alerts GNC Hot Sheet
Price: $36.96 +0.65%

Rating Summary:
    7 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 11 | New: 4
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Goldman Sachs raised estimate and its price target on Neutral-rated GNC Corp. (NYSE: GNC) from $34 to $37 citing the stronger-than-expected start to 1Q12.

The firm raised 012/2013/2014 forecasts by $0.10 each to $2.05/$2.35/$2.70. They see long-run SSS growth in the mid -single-digits, EBIT growth approaching 10%, and EPS growth near 15%.

For an analyst ratings summary and ratings history on GNC Corp. click here. For more ratings news on GNC Corp. click here.

Shares of GNC Corp. closed at $34.63 yesterday.

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