Ackman's Pershing Square Issues Statement on Herbalife (HLF)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Herbalife (HLF) Target Price Lifted to $87 at Canaccord Genuity
December 17, 2013 8:39 AM ESTCanaccord Genuity analyst Scott Van Winkle reiterated a Buy rating on and raised his price target from Herbalife (NYSE: HLF) 77 to $87 following the successful re-audit.
Van Winkle highlights:
The completed re-audit of historical financials by PwC removes an overhang and risk... More
Herbalife (HLF) Re-Audit Serves as 'Nail in the Coffin' for Shorts - SunTrust; PT Raised to $85
December 17, 2013 7:56 AM ESTSunTrust Robinson Humphrey analyst Michael Swartz reiterated a Buy rating and raised his price target on Herbalife (NYSE: HLF) from $78 to $85 following the successful re-audit.
"In of itself, the clean bill of health solidifies our comfort level around HLF's business model/accounting practices," Swartz comments. "However, considering PwC's intensive seven-month scrubbing-of-the-books in the face of... More
With Clean Audit Complete, Herbalife (HLF) Can Head to 20x Multiple or $115/Sh - Ramey
December 16, 2013 4:49 PM ESTThe axe in Herbalife (NYSE: HLF), Tim Ramey of DA Davidson, weighed in on the stock following today's successful re-audit.... More
Icahn Believes Herbalife (HLF) is a $100 stock - FBN
December 16, 2013 3:53 PM ESTCarl Icahn believes Herbalife (NYSE: HLF) is a $100 stock, Fox Business Network's Charles Gasparino reports citing sources.
$HLF Sources tell FBN that Icahn believes Herbalife is a $100 stock
— Charles Gasparino (@CGasparino) December 16, 2013Shares of HLF are up 8% mid-day to $73.75 on news of the successful re-audit.... More
Icahn Never Doubted Herbalife (HLF) - CNBC
December 16, 2013 3:45 PM ESTFollowing news of Herbalife (NYSE: HLF) re-audit, large shareholder Carl Icahn told CNBC he never doubted the company and buying the stock was a "no brainer." He said shares are undervalued and he is a fan of buyback's by companies. Icahn said Ackman... More
One Year Later, Herbalife (HLF) Still Isn't Ackman's Best Idea
December 16, 2013 3:41 PM ESTHerbalife (NYSE: HLF) is extending gains Monday afternoon after the company reported completion of its re-audit and no material changes would affect its financial statements.
Shares rose 10.3 percent today to $75.41. At current levels, the stock is up over 100 percent since Pershing Square's... More
Herbalife (HLF) Ticks Higher on Resumption
December 16, 2013 3:32 PM ESTHerbalife (NYSE: HLF) shares tick higher as trading resumes.... More
Herbalife (HLF) Completes Re-Audit; Reports No Material Changes in Amended Filings
December 16, 2013 3:23 PM ESTHerbalife (NYSE: HLF) announced that PricewaterhouseCoopers LLP, Herbalifes independent registered public accounting firm (PwC), has completed its re-audit of the Companys consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012, and the audit of the effectiveness of the Companys internal control over financial reporting as of December 31, 2012.
Today, the Company... More
