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Fly News Breaks for March 18, 2015
NUS
Mar 18, 2015 | 06:25 EDT
Citigroup says its meetings with Nu Skin management yesterday yielded its "own pot of gold on St. Patrick’s Day." Citi left the meetings encouraged that Nu Skin is "getting back to basics" with regard to innovation, recruiting and retaining Sales Leaders, and share buybacks. The firm believes shares should trade at a similar valuation to the market, or $65, which represents 18% upside from current levels. It keeps a Buy rating on the anti-aging direct seller. The stock closed yesterday up 2c to $56.24.
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