Read Time:35 Second
D.A. Davidson raised its Helen of Troy Ltd. HELE price target to $159 from $138 Tuesday, citing the company’s better-than-expected fiscal first quarter sales and profit. In a note D.A. Davidson analyst Linda Bolton Weiser also pointed to Helen of Troy’s “very strong” free cash flow of $109 million. “Retail inventories have come down and shipments are now in line with consumer demand,” she added. The consumer products company’s stock is down 0.4% in premarket trades after ending Tuesday’s session down 2.9%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
