DA Davidson Downgrades USANA (USNA) as Exec Resignations Weigh on Stock

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May 10, 2011 11:11 AM EDT
Get Alerts USNA Hot Sheet
Price: $13.54 -1.6%

Rating Summary:
    4 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 8
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An analyst at DA Davidson downgraded shares of USANA Health Sciences Inc. (NASDAQ: USNA) from Buy to Neutral following news of a number of executive resignations Tuesday morning. The firm cut its price target on the stock from $45 to $35.

USANA shares have tumbled sharply this morning, now down 16.6 percent to $31.45.

For more ratings news on USANA Health Sciences Inc. click here and for the rating history of USANA Health Sciences Inc. click here.

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