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Fly News Breaks for February 17, 2017
HAIN
Feb 17, 2017 | 07:34 EDT
After analyzing the company's U.S. portfolio, Jefferies analyst Akshay Jagdale has increased confidence in his growth thesis for Hain Celestial. He has a Buy rating on the shares with a $50 price target. The company's market share has stabilized and is poised to expand, Jagdale tells investors in a research note. He believes Hain's categories can grow mid- to high-single-digits per year.
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