UPDATE - Barclays Initiates Coverage on Herbalife (HLF) with an Overweight; See Strong Growth For Many More Years

UPDATE - Barclays initiates coverage on Herbalife (NYSE: HLF) with an Overweight rating. PT $89.

Analysts Meredith Adler & Brian Wang, said, "HLF's growth is still in its early stages, and we think EPS growth of around 20% annually over the next 10 years is possible...HLF has transformed itself by shifting from the selling of bulk products infrequently to selling individual servings for a nominal fee on a daily basis. This has expanded the number of people who can afford its products, increased distributor retention and engagement, and driven very strong financial results for the past several years."

To see more ratings on HLF, Click Here

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
• S&P 500 may pull back before midterms, but Citi says buy the dip
• Piper Sandler Reiterates Overweight Rating on Patterson-UTI Energy (PTEN)