UPDATE: Jefferies Initiates Coverage on GNC Holdings on Top Pick Status
October 08, 2013 at 09:25 AM EDT
In a report published Tuesday, Jefferies analyst Mark Wiltamuth initiated coverage on GNC Holdings (NYSE: GNC ) with a Buy rating and $68.00 price target. In the report, Jefferies noted, “We view GNC as a ‘Growth at Reasonable Price' story and it is our top stock pick. We believe the