Jefferies Reviews 4Q at Hain Celestial

Jefferies has published a research report on Hain Celestial HAIN, shifting EPS estimates slightly. In the report, Jefferies wrote, "HAIN surpassed expectations in 4Q, delivering very strong top-line growth and improved profitability despite increased input-cost headwinds. The company's business looks to be firing on all cylinders, especially in the U.S., and while significant macro deterioration would likely cause some slowing, HAIN's business has improved markedly over the last few years, suggesting a much better ability to weather any storm." Jefferies rated Hain Celestial a BUY with a price target of $39.00. Hain Celestrial closed Tuesday at $30.86.