Why Herbalife Could Gain 10%
April 23, 2015 at 11:14 AM EDT
Canaccord Genuity’s Scott Van Winkle and Mark Sigal think Herbalife (HLF) could trade up to $50 a share. They explain why: El Tiempo/GDA/Zuma Press Given a broad recovery of valuations across the direct selling sector, where the average forward PE has nearly reverted to the historical mean, we are raising our PE target to 11.25x [...]
