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.
Herbalife, Utz Brands and BBB Foods show overbought RSI readings above 70, warning momentum-focused consumer staples investors.
Three consumer staples stocks—Utz Brands, AVAX One Technology and Bonk—show overbought RSI readings above 70, signaling potential momentum warnings.
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%.