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Herbalife (HLF) Re-Audit Serves as 'Nail in the Coffin' for Shorts - SunTrust; PT Raised to $85

Go back to Herbalife (HLF) Re-Audit Serves as 'Nail in the Coffin' for Shorts - SunTrust; PT Raised to $85

Herbalife (HLF) Target Price Lifted to $87 at Canaccord Genuity

December 17, 2013 8:39 AM EST

Canaccord Genuity analyst Scott Van Winkle reiterated a Buy rating on and raised his price target from Herbalife (NYSE: HLF) 77 to $87 following the successful re-audit.

Van Winkle highlights:
The completed re-audit of historical financials by PwC removes an overhang and risk... More

Ackman's Pershing Square Issues Statement on Herbalife (HLF)

December 16, 2013 5:21 PM EST

Bill Ackman's Pershing Square issued the following statement on Herbalife (NYSE: HLF), following the company's successful... More

With Clean Audit Complete, Herbalife (HLF) Can Head to 20x Multiple or $115/Sh - Ramey

December 16, 2013 4:49 PM EST

The axe in Herbalife (NYSE: HLF), Tim Ramey of DA Davidson, weighed in on the stock following today's successful re-audit.... More

Herbalife (HLF) Completes Re-Audit; Reports No Material Changes in Amended Filings

December 16, 2013 3:23 PM EST

Herbalife (NYSE: HLF) announced that PricewaterhouseCoopers LLP, Herbalifes independent registered public accounting firm (PwC), has completed its re-audit of the Companys consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012, and the audit of the effectiveness of the Companys internal control over financial reporting as of December 31, 2012.

Today, the Company... More