Hain Celestial upgraded to Outperform from Market Perform at BMO Capital BMO Capital upgraded Hain Celestial based on valuation, stable or accelerating growth in key segments, and the realignment of its U.K. portfolio. Price target is $67.
Hain Celestial weakness looks overdone, says Bernstein Bernstein notes that Hain Celestial (HAIN) is now trading at a lower valuation than a number of "ostensibly more challenged food companies like" Kellogg (K) and General Mills (GIS). The firm expects the company to benefit over the longer term from current food trends. It trimmed its price target on the name to $50 from $60 and keeps an Outperform rating.