Stifel Nicolaus Raises PT on Nu Skin Enterprises to $44

Stifel Nicolaus is out with its report today on Nu Skin Enterprises

, raising its PT from $43 to $44. In its report, Stifel Nicolaus writes, "We lift our 2011 and 2012 EPS estimates to $2.47 (was $2.40) and $2.86 (was $2.79), respectively. We also increase our 12-month price target to $44 per share, 15.4x our new 2012 EPS estimate or 8.0x estimated 2012 EBITDA." Stifel Nicolaus maintains Buy on NUS. At the time of posting, shares of NUS were trading at $40.42, down 0.30% from Tuesday's close.