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a "sensible, ethical business model."
April 29, 2015
By: TOM BRANNA
Editor
Herbalife has received another vote of confidence. Analysts at Pivotal Research Group said in a note that Herbalife Ltd. is an “excellent investment,” rebuffing Pershing Square's European Slide Deck that was released Tuesday that again called into question the company's business model. Specifically, Pivotal Research Group said that valuing Herbalife conservatively with it being “tainted” gives a price target of $75, which is 75% higher than Tuesday's $42.75...
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