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NUS - Nu Skin downgraded at D.A. Davidson after conservative guidance
Nu Skin Enterprises Inc.
D.A. Davidson drops Nu Skin (NUS) to a Neutral rating after having it lined up at Buy. The firm warns that Nu Skin could see decelerating sales growth this year. D.A. Davidson reduces it price target on Nu Skin to $58 from $71. Shares of Nu Skin fell 15% yesterday after the company's guidance came in lighter than anticipated.