Jessica Alba's Honest Co jumps on launch at Walmart

Honest

19/07/2022 14:24

** Shares of eco-friendly baby, beauty and household
products maker Honest Co  HNST.O  up ~6% at $3.41 before the
bell 
    ** Stock set to snap three consecutive sessions of losses if
current gains hold
    ** HNST, founded by actress Jessica Alba in 2012, launches
at retailer Walmart Inc  WMT.N  as it looks to expand footprint
in the United States  urn:newsml:reuters.com:*:nBw125Xzba
    ** Says its products including diapers, wipes and body care
range are now available on Walmart.com and are set to hit WMT
store shelves in the fall 
    ** HNST stock has a consensus rating of "buy" among eight
brokerages on Refinitiv, with a median PT of $3.88
    ** As of last close, stock had fallen ~60% YTD

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))