Hims stock jumps 14% as Barclays sees hidden opportunity

Hims stock jumps 14% as Barclays sees hidden opportunity

Hims & Hers Health Inc. stock jumped 14%, extending a week-long rally of over 73%, after Barclays said investors are underestimating growth from new products. The firm raised its price target to $29 as the company partnership with Novo Nordisk removes legal uncertainty and expands opportunities in weight-loss drugs.

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