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Actionable news in HAIN: The Hain Celestial Group, Inc.,

Hain Celestial (HAIN) Stock Up, Jefferies Raises Price Target

NEW YORK (TheStreet) -- Shares of Hain Celestial (HAIN - Get Report) are up by 0.14% to $44.95 Thursday afternoon, as Jefferies increased its price target to $55 from $50. The firm maintained its "buy" rating on the stock.

"Hain remains our top pick," the firm said in an investor note, pointing to better than expected fiscal 2016 third quarter results.

On Wednesday, Hain reported earnings of 49 cents per share for the quarter ended on March 31, up 9% from the fiscal 2015 third quarter. The company reported revenue of $749.86 million, above analyst expectations of $733.56 million.

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