Guggenheim analyst Jack Wallace raised the firm’s price target on Hims & Hers to $18 from $15 and keeps a Buy rating on the shares. Even after raising the firm’s Q1 and full year estimates above management’s revenue guidance ranges, the firm thinks its "outlook is conservative" after reviewing web and mobile app data ahead of the company’s Q1 report, the analyst tells investors.
Published first on TheFly
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Read More on HIMS:
- Hims & Hers price target raised to $11 from $10 at Piper Sandler
- Hims & Hers initiated with a Neutral at Baird
- Hims and Hers Health call volume above normal and directionally bullish
- Hims & Hers price target raised to $9 from $7 at Deutsche Bank
- Hims & Hers price target raised to $14 from $8 at Credit Suisse
