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Fly News Breaks for June 23, 2017
HAIN
Jun 23, 2017 | 08:37 EDT
BMO Capital analyst AmitSharma says that structural changes made by Hain should boost its growth and margins. The analyst says that these changes have not been adequately reflected in the stock. Shama adds that the the release of audited financial results for fiscal 2016 and the first three quarters of this year remove a "major overhang" on the shares. He thinks that the company is "well-positioned" to report strong EPS growth in fiscal 2018, and he keeps an Outperform rating on the stock.
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