DA Davidson analyst Linda Bolton Weiser lowered the firm’s price target on Nu Skin to $11 from $12.50 and keeps a Neutral rating on the shares. The company reported a Q2 earnings beat but lowered its 2024 guidance as constant-currency sales fell double-digits in 4 of 7 regions, the analyst tells investors in a research note. To make the 75c per share low end of the 2024 EPS guidance range, Nu Skin needs to ramp up cost reductions, the firm added.
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