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A big bull throws in the towel on Herbalife (HLF) with Janney downgrading the stock to Hold. The...

A big bull throws in the towel on Herbalife (HLF) with Janney downgrading the stock to Hold. The upside case: Janney goes private. The downside: The regulators kill it. Shares -1.6% premarket. AquaResearch: Herbalife is both a terrible short and a terrible long.
Comments (3)
  • AllenKlee
    , contributor
    Comments (4) | Send Message
     
    I don't understand why a sell side analyst would not have their rating based on the fundamentals of the company.
    11 Jan 2013, 09:19 AM Reply Like
  • chopchop0
    , contributor
    Comments (3846) | Send Message
     
    fundamentals don't matter when your entire business is potentially incompatible with the rules.
    11 Jan 2013, 09:23 AM Reply Like
  • stansa
    , contributor
    Comments (40) | Send Message
     
    Why is a HOLD rating with a 44$ price target (5$ above current price) considered "throwing in the towel"?
    Yes the analyst downgraded the stock but "throwing in the towel" is not how I would interpret this move.
    11 Jan 2013, 02:28 PM Reply Like
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