Hims & Hers Health (NYSE:HIMS) Shares Gap Down Following Analyst Downgrade

Shares of Hims & Hers Health, Inc. (NYSE:HIMS) gapped down prior to trading on Friday after Piper Sandler lowered their price target on the stock from $20.00 to $18.00. The stock had previously closed at $16.01, but opened at $14.80. Piper Sandler currently has a neutral rating on the stock. Hims & Hers Health shares last traded at $14.62, with a volume of 32,089 shares.