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Fly News Breaks for December 22, 2017
NTRI
Dec 22, 2017 | 06:09 EDT
DA Davidson analyst Linda Bolton Weiser recommends buying shares of Nutrisystem ahead of expected strong diet season results. The analyst sees diet season sales growth of 16% relative to the consensus expectation of 13%. The stock gapped up 20% in February 2017 when Q1 guidance was issued, and could take another leg up again in February 2018 when Q1 guidance is issued, Bolton Weiser tells investors in a research note. She keeps a Buy rating on Nutrisystem with an $80 price target.
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