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Wednesday, October 24, 2018

Pivotal upgrades Usana to Buy on ‘impressive’ sales momentum.


Pivotal Research analyst Timothy Ramey upgraded Usana to Buy from Hold with an unchanged price target of $135. The company is seeing “impressive” sales momentum following the “blow-out” Q3 results, Ramey tells investors in a research note. The analyst won’t be surprised if Usana “gains momentum as it rolls into 2019” and he points out the stock is down about 30% from summer highs.

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