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Fly News Breaks for February 24, 2016
HAIN
Feb 24, 2016 | 06:24 EDT
UBS analyst Steven Strycula started Hain Celestial with a Sell rating and $33 price target. The company's margins could trend lower in the near-term as wellness consumers now shop for natural foods at mass and grocery retailers, Strycula tells investors in a research note. He believes lower margins are not reflected in the current valuation.
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