Medifast (MED) Tops Q2 EPS by 16c; Raises Outlook

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Go back to Medifast (MED) Tops Q2 EPS by 16c; Raises Outlook

Medifast (MED) PT Raised to $249 at DA Davidson

August 3, 2018 8:52 AM EDT

DA Davidson raised its price target on Medifast (NYSE: MED) to $249.00 (from $201.00) while maintaining a Buy rating.

Analyst Linda Bolton Weiser commented, "MED exceeded consensus for 2Q18 sales and EPS--sales were +55% to $117M, exceeding consensus of $102M by 15%, and accelerating from 40% growth in 1Q18. EPS... More