Hims & Hers announces $300 million convertible notes offering
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Hims and Hers (HIMS) PT Lowered to $28 at BofA Securities
May 18, 2026 9:04 AM EDTBofA Securities analyst Allen Lutz lowered the price target on Hims and Hers (NYSE: HIMS) to $28.00 (from $30.00) while maintaining a Neutral rating.
The analyst comments "This morning, HIMS announced that it intends to offer $300MM aggregate principal amount of convertible notes due 2032 in a private offering. The company said it intends to use the proceeds to preserve financial flexibility while executing on its international expansion strategy, including its... More
