Shares in Blackmores jumped after a broker upgraded the vitamin maker.
A short time ago, they were up 3.5% to $142.50.
CLSA moved Blackmores to outperform from sell and lifted the price target to $150.
The company yesterday posted a 28% rise in profit to $15.4 million for the first quarter of 2018, saying direct sales to China grew 28% compared to the same quarter last year.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.