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Fly News Breaks for January 12, 2016
HAIN
Jan 12, 2016 | 07:38 EDT
Hain Celestial pre-announced negative Q2 results, but Canaccord said it has de-risked the near-term outlook. The firm believes with expectations reset, the company remains a key differentiator and competitor in the natural and organic foods space. Canaccord reiterated its Buy rating but lowered its price target to $47 from $55 on Hain Celestial shares.
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