UPDATE: Canaccord Genuity Reiterates Buy Rating, Raises PT on Hain Celestial Group
In a report published Monday, Canaccord Genuity reiterated its Buy rating on Hain Celestial Group (NASDAQ: HAIN), and raised its price target from $52.00 to $66.00.
Canaccord Genuity noted, “We maintain our BUY rating and continue to believe that improving growth of natural/organic foods, coupled with increased distribution and geographic expansion, will deliver acceleration in financial results and the share price.”
Hain Celestial Group closed on Friday at $59.26.
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