: Helen of Troy price target raised to $159 by D.A. Davidson

D.A. Davidson raised its Helen of Troy Ltd. HELE price target to $159 from $138 Tuesday, citing the company’s better-than-expected fiscal first quarter sales and profit. In a note D.A. Davidson analyst Linda Bolton Weiser also pointed to Helen of Troy’s “very strong” free cash flow of $109 million. “Retail inventories have come down and shipments are now in line with consumer demand,” she added. The consumer products company’s stock is down 0.4% in premarket trades after ending Tuesday’s session down 2.9%.

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