Caris & Co. Upgrades Herbalife (HLF) to Buy

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Caris & Co. upgraded Herbalife (NYSE: HLF) from Average to Buy with a price target of $86 (from $39).

NOTE: The firm downgraded on 5/9 on speculation Einhorn's would present his short thesis at Ira Sohn. Einhorn didn't mention HLF at the conference.

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

Shares of Herbalife closed at $49.51 yesterday, with a 52 week range of $42.15-$104.96.

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