Goldman Sachs Raises Numbers on GNC Corp. (GNC)

March 26, 2012 9:44 AM EDT
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Price: $0.55 --0%

Rating Summary:
    5 Buy, 7 Hold, 7 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Goldman Sachs raised estimate and its price target on Neutral-rated GNC Corp. (NYSE: GNC) from $34 to $37 citing the stronger-than-expected start to 1Q12.

The firm raised 012/2013/2014 forecasts by $0.10 each to $2.05/$2.35/$2.70. They see long-run SSS growth in the mid -single-digits, EBIT growth approaching 10%, and EPS growth near 15%.

For an analyst ratings summary and ratings history on GNC Corp. click here. For more ratings news on GNC Corp. click here.

Shares of GNC Corp. closed at $34.63 yesterday.


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