Imperial Capital Downgrades Schiff Nutrition (SHF) to In-Line

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Imperial Capital downgraded Schiff Nutrition (NYSE: SHF) from Outperform to In-Line with a price target of $34.00 (from $27.00) following takeover by Bayer HealthCare LLC.

"We do not believe Schiff will seek a competing offer; however, it does have the option to review unsolicited bids up until November 28th," the analyst said.

For an analyst ratings summary and ratings history on Schiff Nutrition click here. For more ratings news on Schiff Nutrition click here.

Shares of Schiff Nutrition closed at $33.84 yesterday, with a 52 week range of $15.48-$33.91.

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