Stock Track | Herbalife Soars 5.41% as DA Davidson Upgrades to Buy with Higher Price Target

Stock Track03-21

Herbalife (HLF) shares are soaring 5.41% in pre-market trading on Friday, following a significant upgrade from DA Davidson. The financial services firm has raised its rating on the global nutrition company from Neutral to Buy, sparking investor enthusiasm.

DA Davidson's upgrade comes with a substantial increase in their price target for Herbalife, now set at $14, up from the previous $7.50. This new target represents considerable upside potential from the stock's current trading levels. The firm's decision was influenced by a recent meeting with Herbalife's CEO, which appears to have boosted confidence in the company's direction.

Analyst Linda Bolton Weiser, who maintained a bullish stance on HLF stock, cited sustainable sales growth as a key factor in the upgrade. The positive outlook seems to be driven by Herbalife's strategic initiatives under its new leadership, suggesting that the company may be well-positioned for future growth in the global nutrition market.

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Nyxxiris
03-21
Nyxxiris
Go go go break the 10$

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The firm's decision was influenced by a recent meeting with Herbalife's CEO, which appears to have boosted confidence in the company's direction.</p>\n\n<p>Analyst Linda Bolton Weiser, who maintained a bullish stance on HLF stock, cited sustainable sales growth as a key factor in the upgrade. 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The financial services firm has raised its rating on the global nutrition company from Neutral to Buy, sparking investor enthusiasm.</p>\n\n<p>DA Davidson's upgrade comes with a substantial increase in their price target for Herbalife, now set at $14, up from the previous $7.50. This new target represents considerable upside potential from the stock's current trading levels. The firm's decision was influenced by a recent meeting with Herbalife's CEO, which appears to have boosted confidence in the company's direction.</p>\n\n<p>Analyst Linda Bolton Weiser, who maintained a bullish stance on HLF stock, cited sustainable sales growth as a key factor in the upgrade. The positive outlook seems to be driven by Herbalife's strategic initiatives under its new leadership, suggesting that the company may be well-positioned for future growth in the global nutrition market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLF":"康宝莱"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113010478","content_text":"Herbalife (HLF) shares are soaring 5.41% in pre-market trading on Friday, following a significant upgrade from DA Davidson. The financial services firm has raised its rating on the global nutrition company from Neutral to Buy, sparking investor enthusiasm.\nDA Davidson's upgrade comes with a substantial increase in their price target for Herbalife, now set at $14, up from the previous $7.50. This new target represents considerable upside potential from the stock's current trading levels. 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