Herbalife Nutrition price target raised to $105 from $76 at SunTrust. SunTrust analyst Michael Swartz raised his price target on Herbalife to $105 following its Q1 earnings beat that also showed “improving trends in the U.S.” The analyst notes however that China volume fell dramatically by 23% after last year’s price increase. Swartz keeps his Hold rating on Herbalife and recommends that investors don’t chase the stock price after its year-to-date gains.
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