Stock Insights: Sally Beauty, Hain Celestial, Monster Beverage, LeapFrog May 4th
Sally Beauty Holdings Inc. (NYSE:SBH): RBC Capital increased its target on Sally Beauty after the company reported stronger than expected Q2 results. The firm expects the company’s EPS to grow at a 20% rate and it expects the stock’s multiple to expand. RBC Capital maintains an Outperform rating on the stock.
The Hain Celestial Group, Inc. (NASDAQ:HAIN): After Hain reported stronger than expected Q3 results and raised its full-year guidance, RBC Capital increased its target on the stock to $52 from $44. The firm notes that the company’s growth is accelerating and it maintains an Outperform rating. Cowen said Hain Celestial continues to see top line growth momentum as it continues to grow its portfolio of natural and organic brands. The firm views guidance as achievable given its leverage of trends versus continued productivity initiatives. Shares are Outperform rated.
Monster Beverage Corp (NASDAQ:MNST): Goldman raised Monster estimates given strong sales growth momentum in the U.S. Shares are Buy rated with a $75 price target.
LeapFrog Enterprises Inc. (NYSE:LF): Needham raised its price target for Leapfrog following the company’s better than expected Q1 results and maintains a Buy rating on the stock.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.