Hims & Hers Health: Investments Necessary For Long-Term Incremental Growth, Says Bullish Analyst
HIMS stock edges lower after mixed Q2 results. Needham analyst maintains Buy rating, raises PT to $42. Company's revenue up 38.2% YoY.
Hims & Hers is growing fast (revenue up 38%), but needs to spend money now on improvements for the future. An expert investor watcher still thinks the stock is a good long-term pick, even though the price dipped a little after mixed results.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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