Usana price target lowered to $35 from $38 at DA Davidson

DA Davidson analyst Linda Bolton Weiser lowered the firm’s price target on Usana (USNA) to $35 from $38 and keeps a Neutral rating on the shares after its lower than expected Q3 revenue. Sales performance in the quarter was modestly below the company’s expectations as consumer spending in many of its markets remained under pressure due to macroeconomic factors, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on USNA:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.