Barclays lowered the firm’s price target on Hain Celestial (HAIN) to $8 from $9 and keeps an Equal Weight rating on the shares. While Hain’s guidance for EBITDA cadence in fiscal 2025 is a bit more back-end loaded than current consensus estimates suggest, it is not that far off from how the company has planned the year such that the 16% post-earnings move in shares “seems overdone,” the analyst tells investors in a research note.
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