GNC Names Robert F. Moran Interim CEO
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Piper Jaffray Downgrades GNC Corp. (GNC) to Neutral; Concern About CEO Exit
July 28, 2016 11:01 AM EDTPiper Jaffray downgraded GNC Corp. (NYSE: GNC) from Overweight to Neutral with a price target of $20.00 (from $38.00), saying they are concerned about the departure of the CEO.
Analyst Sean Naughton commented, "Despite slightly better than expected revenues and strong free cash... More
