Hims and Hers (HIMS) Named Best 2024 Idea at TD Cowen

TD Cowen analyst Jonna Kim reiterated an Outperform rating and $11.00 price target on Hims and Hers (NYSE: HIMS) and named the stock a Best 2024 Idea.

The analyst commented, "HIMS is an underappreciated story with the potential to grow top line at a 25%+ CAGR in the medium term in an attractive health and wellness market that is more insulated from macro uncertainty. We like HIMS' personalized offerings that drive recurring revenues & loyal engagement and see an opportunity to leverage expenses as the platform scales. We see upside to current valuation with PT of $11."

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

Shares of Hims and Hers closed at $8.80 yesterday.

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