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Piper Jaffray warns on GNC Holdings

Dec. 23, 2016 10:12 AM ETGNC Holdings, Inc. (GNC) StockGNCBy: Clark Schultz, SA News Editor12 Comments
  • Shares of GNC Holdings (GNC -7.4%) trail off after Piper Jaffrey warns that Q4 consensus estimates are too high.
  • GNC's price cuts and the elimination of paid memberships add to the risk of an earnings shortfall, says analyst Sean Naughton.
  • PJ cuts its price target on Underweight-rated GNC to $7 from $11.
  • Sources: Bloomberg and Marketbeat.com

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