UPDATE: Canaccord Raises Nu Skin Enterprises' PT - Nu Skin Enterprises (NYSE:NUS)

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According to a research report published earlier today, Canaccord has increased Nu Skin Enterprises' (NYSE: NUS) PT from $57 to $66.In the report, Canaccord said, "Our thesis remains that Nu Skin is in the midst of a powerful product cycle, coupled with a concerted effort to improve margins that should drive above-average EPS growth. Nu Skin reported a good Q1 with much stronger sales, slightly higher earnings and clear indications of building momentum on the latest round of product launches."Canaccord maintains its Buy rating on Nu Skin, which is currently trading at $54.75.

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