Barclays Downgrades Hain Celestial (HAIN) to Equalweight
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BofA/Merrill Lynch Downgrades Hain Celestial (HAIN) to Underperform
August 16, 2016 11:00 AM EDTBofA/Merrill Lynch downgraded Hain Celestial (NASDAQ: HAIN) from Buy to Underperform with a price target of $36.00.
For an analyst ratings summary and ratings history on Hain Celestial click here. For more ratings news on Hain Celestial click here.
Shares of Hain Celestial closed at $53.40 yesterday.
... MoreOppenheimer Cuts Price Target as Hain Celestial (HAIN) Announces Delay in 4Q Release
August 16, 2016 9:25 AM EDTOppenheimer maintained a Perform rating on Hain Celestial (NASDAQ: HAIN), and cut the price target to $45.00 (from $52.00), following the company's announced delay of its 4Q release. HAIN is evaluating whether revenue associated with concessions granted to certain US distributors is being recognized properly.... More
Hain Celestial (HAIN) to Delay Q4 Earnings; Evaluating Internal Control
August 15, 2016 5:01 PM EDT(Updated - August 15, 2016 5:02 PM EDT)
The Hain Celestial Group, Inc. (NASDAQ: HAIN) announced today that it will delay the release of its fourth quarter and fiscal year 2016 financial results. During the fourth quarter, the Company identified concessions that were granted to certain distributors in the United States. The Company is currently evaluating whether the revenue associated with those concessions was accounted for in the correct period and is also currently evaluating its internal control over financial reporting. The Audit Committee of the Company's Board of Directors is... More
