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Fly News Breaks for February 2, 2016
HAIN
Feb 2, 2016 | 07:43 EDT
After Hain reported better than expected Q2 results and maintained its fiscal 2016 guidance, SunTrust thinks the company's growth has been curtailed by short-term issues. However, the firm believes that the company is showing signs of a turnaround. It trimmed its price target on the name to $50 from $55 to reflect multiple contraction but keeps a Buy rating on the shares.
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