According to Deutsche Bank, Vitamin Shoppe VSI is downgraded to Hold.
Deutsche said that it still has a very positive outlook on the health supplement space, and view VSI as well-positioned for continued growth. “Nonetheless, we are moving to the sidelines due to the post-1Q run-up in the stock (VSI is up +18.1% since 5/7 vs. -3.2% for S&P 500; & up +32.5% YTD vs. +5.3% for S&P).”
Vitamin Shoppe closed yesterday at $52.84.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in