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JPMorgan starts HIMS coverage at Neutral with $32 target, 16% upside

Verifying
  • JPMorgan initiated HIMS coverage at Neutral with a $32 price objective.
  • HIMS reported $753.21 million in second-quarter revenue, up 38.2% year over year.
  • HIMS faces an FTC complaint and unresolved securities litigation involving shareholders.
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