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Fly News Breaks for July 13, 2017
HAIN
Jul 13, 2017 | 07:58 EDT
Maxim analyst Anthony Vendetti upgraded Hain Celestial to Buy from Hold, saying that its FY18 guidance implies a turnaround in its business while the company's reporting of its prior financials without any major restatements has removed an accounting overhang. He also believes activist Engaged Capital could push for a sale of the company, or parts of it. Vendetti set a $50 price target on Hain shares.
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