Barclays Maintains an 'Overweight' on Herbalife (HLF); Increasingly Confident After Attending Investor Day

Barclays maintains an 'Overweight' on Herbalife (NYSE: HLF) price target of $89.00.

Analyst, Brian Wang, said, "We attended HLF's Investor Day and President's Summit along with over 3,000 of the company's top distributors. The presentations and interaction with management gave us increased confidence that HLF has the appropriate strategies in place to sustain its positive momentum and achieve its volume point (constant currency denominated sales) target of 10B by 2020 versus 3.9B today."

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

Shares of Herbalife closed at $70.74 yesterday.

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