Hain Celestial (HAIN) Releases Low Revenue Growth Expectations; RBC Capital Cuts Price Target to $57

RBC Capital reiterated a Sector Perform rating on Hain Celestial (NASDAQ: HAIN), and cut the price target to $57.00 (from $65.00), due to US segment organic revenue growth expectations.

Analyst David Palmer commented, "We are trimming our near and long term EPS estimates due to more conservative US segment organic revenue growth expectations. Our lower growth estimate is offset by our higher Protein segment growth expectations due to recent acquisitions."

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

Shares of Hain Celestial closed at $49.85 yesterday.

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