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

, 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.