Stifel lowered the firm’s price target on Hain Celestial (HAIN) to $6 from $7 and keeps a Hold rating on the shares after the company reported a weaker-than-expected second quarter and lowered its FY25 revenue and EBITDA outlook. Organic sales are now expected to decline 4% to 2%, down from flat or better previously, implying a down 2% to up 2% performance in the second half of the year, the analyst noted.
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