Analysts’ Ratings
Published: Wednesday, December 01, 1999
First Union Securities started Celestial Seasonings (CTEA) at Strong Buy.
U.S. Bancorp Piper Jaffray has upgraded NBTY Inc. (NBTY) to Buy from Neutral, with an $11/share price target. Salomon Smith Barney has initiated coverage of NBTY at Outperform.
CIBC World Markets has downgraded PharmaPrint Inc. (PPRT) to Hold from Buy.
Banc of America/Montgomery Securities downgraded Rexall Sundown (RXSD) to Buy from Strong Buy, with a 12-month target price of $16/share.
Banc of America/Montgomery Securities upgraded Natrol (NTOL) to Strong Buy from Buy.
Bear Stearns & Lehman Inc. downgraded Horizon Organic Dairy (HCOW) from Buy to Neutral, while Tucker Cleary downgraded the stock to Accumulate from Strong Buy.
Tucker Cleary upgraded NBTY Inc. (NBTY) to Accumulate from Hold, with a $10/share price target.
Odwalla (ODWA) stock was downgraded to Accumulate by Tucker Cleary and to Market Perform from Buy by Hambrecht & Quist.
PaineWebber started VitaminShoppe.com (VSHP) at Buy.
PaineWebber and Thomas Weisel started VitaminShoppe.com (VSHP) at Buy and Strong Buy, respectively.
Adams, Harkness & Hill upgraded Balance Bar Co. (BBAR) to Strong Buy from Accumulate. Tucker Cleary upgraded BBAR from Hold to Strong Buy.
Adams, Harkness & Hill and Tucker Cleary also initiated coverage of natural lifestyle products and services provider Gaiam (GAIA) at Strong Buy, with price targets of $15/share and $14/share, respectively.
