Hims & Hers price target raised to $7 from $6 at Piper Sandler

Piper Sandler analyst Korinne Wolfmeyer raised the firm’s price target on Hims & Hers to $7 from $6 and keeps a Neutral rating on the shares. The analyst views view China, travel retail, and trade down as key themes to watch in 2023 for the beauty and wellness sector.