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Fly News Breaks for May 1, 2019
NUS
May 1, 2019 | 07:25 EDT
Deutsche Bank analyst Faiza Alwy upgraded Nu Skin Enterprises to Buy from Hold and raised her price target for the shares to $73 from $64. The analyst sees "materially" lower China risk following the company's Q1 results. Despite having to limit certain business meetings in China for at least a 100-day period while the regulatory authorities conducted an industry-wide investigation regarding product claims, Nu Skin delivered 12% Mainland China sales growth, Alwy tells investors in a post-earnings research note.
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