Morgan Stanley Maintains Equal-Weight on Honest Co, Raises Price Target to $5.7
Morgan Stanley analyst Dara Mohsenian maintains Honest Co (NASDAQ:HNST) with a Equal-Weight and raises the price target from $3.4 to $5.7.
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Utz Brands, Honest Company and Village Farms show overbought RSI levels above 70, warning momentum-focused investors.
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Morgan Stanley analyst Dara Mohsenian maintains Honest Co (NASDAQ:HNST) with a Equal-Weight and raises the price target from $3.4 to $5.7.
RSI values for 3 consumer staples stocks suggest real warning for momentum traders: Honest Co. Inc (HNST) - 89.7, J&J Snack Foods Corp (JJSF) - 81.9, elf Beauty Inc (ELF) - 76.6. Other stocks can be ranked on Benzinga Pro.
Telsey Advisory Group analyst Dana Telsey maintains Honest Co (NASDAQ:HNST) with a Market Perform and raises the price target from $4 to $5.
General Mills beat Q1 earnings estimates with adjusted EPS of 75 cents, though both net sales and EPS declined year-over-year. The company faced headwinds from higher input costs and lower volume, partially offset by favorable pricing and product mix. Gross margins contracted 90 basis points to 33.3%. General Mills maintained its fiscal 2027 guidance for $3-$3.20 EPS and organic sales growth of -1.5% to +0.5%.
Coty Inc. reported positive growth in its Americas business during Q4 fiscal 2026, with net revenues rising 9% to $554.7 million and like-for-like sales up 6%. The growth was driven by stronger prestige fragrance and mass cosmetics orders in the U.S., with brands Sally Hansen and CoverGirl showing improving retail trends. However, full-year fiscal 2026 Americas revenues declined 1% on a reported basis.
Law firm Brodsky & Smith announced investigations into four merger transactions, examining whether company boards breached fiduciary duties by failing to conduct fair processes and pay fair value to shareholders. The investigations involve Priority Technology Holdings ($8.05/share), MISTRAS Group ($20.35/share), The Baldwin Group ($32.50/share), and Utz Brands ($14.25/share).