Checks Show Rate of Decline is Slowing; Piper Jaffray Reiterates Overweight on Hain Celestial (HAIN)
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Wunderlich Securities Starts Hain Celestial (HAIN) at Buy
December 11, 2015 7:16 AM ESTWunderlich Securities initiated coverage on Hain Celestial (NASDAQ: HAIN) with a Buy rating and a price target of $54.00.
For an analyst ratings summary and ratings history on Hain Celestial click here. For more ratings news on Hain Celestial click here.
Shares of Hain Celestial closed at $38.91 yesterday.
... MoreCowen Sees New Cycle for Retail M&A in 2016
December 10, 2015 8:24 AM ESTIn an extensive research report on the Retail sector Wednesday, multiple Cowen analysts including John Kernan, Oliver Chen, and Jerry Gray discussed a new cycle of M&A in the retail sector starting in 2016. The analysts said sector dislocation and valuation contraction creates opportunities for M&A and LBOs in retail. Meanwhile, they believe the market is under-appreciating the opportunity for a select number of companies expected to participate.
Cowen highlights that the group now trades at an average of 9x FY1 EV/EBITDA versus 11x FY1 EV/EBITDA in January 2015 This... More
