HI Forecast

Bullish Case: Recent insider buying signals confidence; acquisitions strengthening less cyclical food segment

Bearish Case: Economic uncertainty weighing on demand; supply chain and inflationary pressures

Potential Outcomes:

1) Macro environment improves, driving demand (30% chance);

2) Acquisitions successful, adding growth (60% chance);

3) Recession causes further demand slowdown (40% chance)

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December 15, 2023

Hillenbrand Forecast

HI        Hillenbrand
Price Forecast: NEUTRAL    Price Action: RANDOM (?)

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