Barclays lowered the firm’s price target on Hain Celestial (HAIN) to $5 from $6 and keeps an Equal Weight rating on the shares following the fiscal Q2 report. With growth taking longer to realize, Hain now seeks a sustainable exit rate for organic sales growth of 3% year-over-year by fiscal 2027 rather than 3%-plus per year from 2024 to 2027, given one-off executional challenges and a need to better convert distribution into purchase in the Snacks business, the analyst tells investors in a research note.

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