On Nov 14, major Wall Street analysts update their ratings for $The Honest (HNST.US)$, with price targets ranging from $6 to $7.5.
Loop Capital analyst Laura Champine maintains with a buy rating, and adjusts the target price from $5 to $7.
Telsey Advisory analyst Dana Telsey maintains with a hold rating, and adjusts the target price from $4 to $6.
Northland Securities analyst Owen Rickert initiates coverage with a buy rating, and sets the target price at $7.5.
Lake Street analyst Ryan Meyers maintains with a buy rating, and adjusts the target price from $6 to $7.
B.Riley Financial analyst Anna Glaessgen maintains with a buy rating, and adjusts the target price from $6.5 to $7.
Furthermore, according to the comprehensive report, the opinions of $The Honest (HNST.US)$'s main analysts recently are as follows:
The Honest Company's recent financial performance exceeded expectations for the third quarter, leading to an improved outlook. Additionally, the company's ongoing partnership with a major online retailer is highlighted as a positive development, with a significant uptick in consumption noted.
Here are the latest investment ratings and price targets for $The Honest (HNST.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.