Helen of Troy (HELE) PT Raised to $71 at DA Davidson

DA Davidson analyst Linda Bolon Weiser raised the price target on Helen of Troy (NASDAQ: HELE) to $71.00 (from $67.00) while maintaining a Neutral rating.

The analyst comments "Expectations were low into the report, and shares of NEUTRAL-rated HELE closed +18% after the company reported a F2Q25 upside surprise and maintained FY25 sales and EPS guidance. Inventory continued to move up and FY25 free cash flow (FCF) guidance was lowered--we're cutting our estimate by 16% to $190M and maintaining our annual EPS estimates. We are initiating FY27E EPS of $7.92 and raising our PT to $71 from $67, based on 9x FY27E EPS. Sales declines are getting smaller, but there is still not visibility on when or if a regular cadence of low-single digit sales growth will resume, given category sluggishness and the competitive landscape."

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