Citigroup downgrades Hims & Hers Health to Neutral from Buy

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Citigroup News

Julie Hyman,Josh Lipton,Stock Valuation

Citigroup has downgraded Hims & Hers Health (HIMS) to Neutral from Buy and raised its price target to $20 from $16. Yahoo Finance's Julie Hyman and Josh...

Um And then we got him and her to talk about also hims and hers being downgraded over at Citigroup to neutral from buy.I have to say this is one of the more effusive downgrades that I have seen here because the analyst, they still like him and her over the long term.

And, they say, assuming an average monthly average selling price of $230 a month, this equates to an almost comically large $30 billion revenue opportunity.After the announcement, they say, Listen, the stock jumped 20% added, about 760 million of enterprise value leaves little room for upside. People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City

A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This May

 

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