Canaccord Genuity Reiterates a 'Buy' on Herbalife (HLF); China: Yet Another Quality Daily Consumption Opportunity

May 23, 2011 9:25 AM EDT
Get Alerts HLF Hot Sheet
Price: $12.15 -2.41%

Rating Summary:
    11 Buy, 3 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Canaccord Genuity reiterates a 'Buy' on Herbalife (NYSE: HLF), raises PT from $54 to $61.

Canaccord analyst says, "We reiterate our rating and believe Herbalife’s efficient business model along with deployment of its daily consumption models across its major markets will continue to drive doubledigit revenue growth and mid-teens annual earnings growth."

For more ratings news on Herbalife click here and for the rating history of Herbalife click here.

Shares of Herbalife closed at $52.04 yesterday.


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