Medifast (MED) Raises Quarterly Dividend 47.7% to $0.48; 2.9% Yield

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UPDATE: Medifast (MED) PT Raised to $89 at DA Davidson Following Dividend Hike

December 7, 2017 7:39 AM EST

(Updated - December 7, 2017 11:05 AM EST)

(updated to correct PT and expand analyst comment)

DA Davidson raised its price target on Medifast (NYSE: MED) to $89.00 (from $75.00) while maintaining a Buy rating.

Analyst Linda Bolton Weiser cited the 50% dividend increase which... More