Hillenbrand Will Be Able To Achieve Its Updated Guidance, Setting Stage For FY25: Analyst
Hillenbrand(HI) Benzinga·2024-07-11 02:31
Loading...Loading...KeyBanc Capital Markets analyst Jeffrey D. Hammond initiated coverage on Hillenbrand Inc HI with a price forecast of $50.Per Hammond, HI shares are discounting the significant transformation the company has made over the last two years, and despite near term cyclical concerns, the analyst sees a path for HI shares to re-rate higher.As the company proves its FY24 framework and enters a more normalized operating environment, investors will become more comfortable with the new and improved ...