Mizuho Slashes PT on The Hain Celestial Group (HAIN) to $2.50 From $3

The Hain Celestial Group, Inc. (NASDAQ:HAIN) is one of the best undervalued defensive stocks to buy according to analysts. On July 28, Mizuho lowered the firm’s price target on The Hain Celestial Group, Inc. (NASDAQ:HAIN) to $2.50 from $3, keeping a Neutral rating on the shares.

The firm told investors in a research note that it adjusted targets in the food producer group ahead of the Q2 earnings season. It added that while the low stock valuations in the sector are attractive, they are overshadowed by growth concerns.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) is a prominent US-based company specializing in natural and organic foods, as well as personal-care products.

It operates in over 75 countries, offering various items across snacks, baby products, beverages, meal components, and personal care.

The company’s brand portfolio includes Terra Chips, Garden Veggie Snacks, Garden of Eatin’ snacks, Hartley’s Jelly, Joya and Natumi plant-based beverages, and others.

Its customer base generally includes supermarkets, natural food stores, specialty and natural food distributors, mass-market, and club stores.

While we acknowledge the potential of HAIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.