Medifast Announces Second Quarter 2024 Financial Results

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Medifast (MED) PT Lowered to $16.50 at DA Davidson

August 6, 2024 5:05 AM EDT

DA Davidson analyst Linda Bolton Weiser lowered the price target on Medifast (NYSE: MED) to $16.50 (from $17.50) while maintaining a Underperform rating.

The analyst comments "UNDERPERFORM-rated MED reported a 2Q24 sales miss but profit beat. MED guided 3Q sales below the Street; the EPS... More