UBS Maintains Neutral Rating on Helen of Troy Limited Despite Q3 Beat

UBS retains a neutral rating on Helen of Troy Limited (HELE) with a reduced price objective from $25 to $22. The company's third-quarter report showed better-than-expected results, but a lower outlook suggests a difficult exit rate. Canaccord also retains a hold rating and reduces its price target from $23 to $22, citing boosts in sales for key brands but general issues affecting profitability. HELE is down 8.63% YTD.