
Hims & Hers ($HIMS) is experiencing notable developments in its stock performance and market outlook. Morgan Stanley reported an acceleration in app downloads for the company in February, maintaining an Equal Weight rating with a price target of $60. However, Bank of America (BofA) has adjusted its price target for Hims to $22 from $21, citing 'execution risk on the top line' and maintaining an Underperform rating. Analysts noted that February sales data from Bloomberg Second Measure indicated that GLP-1 sales growth is accelerating, which could support near-term upside to Street estimates. Despite these positive indicators, Hims & Hers shares have seen a decline of 9% recently. Additionally, the company reported a 45% year-over-year growth in subscribers, surpassing the 2 million mark, highlighting its expanding customer base amid mixed analyst sentiment.










