Goldman Sachs Boosts Price Target On GNC Corp. (GNC) On Strong Results
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Price: $0.55 --0%
Rating Summary:
5 Buy, 7 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
5 Buy, 7 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Goldman Sachs raised its price target on GNC Corp. (NYSE: GNC) from $25 to $29 but maintained their Neutral rating.
The firm said recent results reinforce a powerful fundamental story. The firm is gaining market share as illustrated by powerful sales growth relative to its peers. In addition, online sales trends look strong. Incremental margins also remain robust, the firm notes.
For more ratings news on GNC Corp. click here and for the rating history of GNC Corp. click here.
Shares of GNC Corp. closed at $26.37 yesterday.
The firm said recent results reinforce a powerful fundamental story. The firm is gaining market share as illustrated by powerful sales growth relative to its peers. In addition, online sales trends look strong. Incremental margins also remain robust, the firm notes.
For more ratings news on GNC Corp. click here and for the rating history of GNC Corp. click here.
Shares of GNC Corp. closed at $26.37 yesterday.
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