Hims & Hers price target raised to $19 from $15 at Tigress Financial

Tigress Financial raised the firm’s price target on Hims & Hers to $19 from $15 and keeps a Buy rating on the shares after the company reported Q4 results. Following the company’s first profitable quarter, the firm says its “proven business model is now transitioning to an accelerated growth phase,” which it argues should lead to the potential for “significant shareholder value creation.”