USANA Welcomes Analyst Upgrade

• Posted by System October 16, 2009 - Filed in Archive - 302 views
  USANA Health Sciences Inc. has an average analyst recommendation score of 3.0 and competes for investment dollars with Perrigo Co. (PRGO) [Chart - News - Analysis] and NBTY, Inc. (NTY) [Chart - News - Analysis]---two other stocks in the Drug Related Products industry that have average analyst recommendation scores of 1.7 and 2.2 respectively.

  Analyst recommendations are averaged and scored using the following rating scale:

  - 1.0 = Strong Buy - 2.0 = Buy - 3.0 = Hold - 4.0 = Sell - 5.0 = Strong Sell

  Why are Upgrades and Initiations Good and Downgrades Bad?

  One event that is almost certain to get a reaction from Wall Street is an analyst upgrade or downgrade. Everyone is looking for an edge in the stock market, and quite often, traders turn to stock analysts to get that edge.