Usana price target raised to $62 from $56 at DA Davidson

DA Davidson analyst Linda Bolton Weiser raised the firm’s price target on Usana to $62 from $56 and keeps a Neutral rating on the shares. The company’s Q2 results saw earnings upside amid better-than-expected responses to promotional activities in China, the analyst tells investors in a research note. The expected FX impact on 2023 sales also worsened to -2.3% from -0.3%, largely due to the Chinese yuan, the firm adds.