Bank of America downgraded the Honest Company to Underperform from Neutral, and cut the target on the stock to $6.50 from $13. The downgrade was a result of the company’s recent earnings miss.
On Friday, Telsey Advisory Group cut the target to $12 from $18, with an
Loop Capital lowered to $8 from $15. Morgan Stanley cut the target to $8.25 from $9, and kept the stock’s Equal Weight rating.
Jefferies Financial LLC downgraded to Hold from Buy, and slashed the target down to $5 from $11.
Based on the The Honest Company Inc stock forecasts from 6 analysts, the average analyst target price for The Honest Company Inc is USD 8.47 over the next 12 months. The Honest Company Inc’s average analyst rating is . Stock Target Advisor’s own stock analysis of The Honest Company Inc is Neutral, which is based on 0 positive signals and 0 negative signals. At the last closing, The Honest Company Inc’s stock price was USD 4.68. The Honest Company Inc’s stock price has changed by -1.21% over the past week, -1.03% over the past month and +0.00% over the last year.
Our view of the stock is Neutral with a score of 5 out of 10, where 0 is very bearish and 10 very bullish
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