Helen of Troy price target raised to $155 from $130 at Canaccord

Canaccord analyst Susan Anderson raised the firm’s price target on Helen of Troy to $155 from $130 and keeps a Buy rating on the shares. The firm believse the company is poised to see both multiple expansion and EPS growth as it deleverages to reduce interest expense, grow its higher-margin brands, and see additional EPS savings from Project Pegasus.