Herbalife Exceeds First Quarter 2017 Reported and Adjusted EPS Guidance

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Herbalife (HLF) PT Raised to $105 at Pivotal Research Following 'Massive Beat', Conservative Guidance

May 5, 2017 7:59 AM EDT

Pivotal Research analyst Timothy Ramey raised his price target on Herbalife (NYSE: HLF) to $105.00 (from $90.00) while maintaining a Buy rating following "massive" Q1 EPS beat.

Also guidance was raised $0.40 but remains conservative, Ramey said. The firm is raising estimates and says $5 in EPS is possible this year.

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