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DA Davidson cut their price target on Medifast from $106.00 to $94.00 and set a “neutral” rating for the company in a report on Wednesday, February 22nd.
LSV Asset Management increased its stake in Medifast by 212.5% in the third quarter.
Medifast also currently offers an attractive dividend of $6.60.
Medifast, Inc, through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific.
Point72 Middle East FZE bought a new stake in Medifast during the fourth quarter worth about $57,000.
TD Asset Management Inc purchased a new stake in shares of Medifast, Inc. () during the 4th quarter, according to its most recent disclosure with the SEC.