Herbalife Nutrition Announces $400 Million Investment in Key Digital Transformation Growth Initiative

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Herbalife (HLF) PT Raised to $30 at Jefferies

August 3, 2022 8:10 AM EDT

Jefferies analyst Chris Neamonitis raised the price target on Herbalife (NYSE: HLF) to $30.00 (from $27.00) while maintaining a Buy rating.

The analyst commented, "HLF's Q2 beat expectations, even after excl. pull fwd contrib. Rev guidance prudently reiterated (on uncontrollables), while evidence of stability/initial... More