Jefferies downgrades Hims & Hers Health on growth concerns

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Jefferies has downgraded Hims & Hers Health (HIMS) to Hold from Buy, lowering its price target to $15. The analysts behind the call say expectations have now...

) to Hold from Buy, lowering its price target to $15. The analysts behind the call say expectations have now caught up to reality, limiting potential upside for the company’s numbers.break down the details, questioning whether there are other categories where Hims & Hers would benefit from virtual subscribing, beyond hair loss and erectile dysfunction.

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