Herbalife Ltd. (NYSE:HLF) has been downgraded by equity researches at S&P Capital IQ from Neutral to Sell in their research report issued Monday. However, the analysts boosted Herbalife’s price target from $50 to $75. Good news factored in the price S&P Capital IQ analyst Tom Graves believes all the good news – and then some – is already baked into the recent price levels of Herbalife Ltd. (NYSE:HLF). In its report, the analyst indicates that he still believes that concerns about Herbalife’s business model, the sustainability of its growth and possible regulatory scrutiny will limit valuation of the model. Recently, Wedbush…
Herbalife Ltd. (HLF) Downgraded To Sell By S&P Capital
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports