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Fly News Breaks for February 27, 2018
NTRI
Feb 27, 2018 | 08:14 EDT
Barrington analyst Matthew Gall downgraded Nutrisystem to Market Perform following last night's Q4 results. The company's flattish guidance for 2018, compared to double-digit growth expectations on sales and earnings, will likely put a ceiling on the stock for the next couple of quarters, Galls tells investors in a research note. 2018 may well prove to be a reset year for Nutrisystem, the analyst adds. The stock in pre-market trading is down 27%, or $10.80, to $29.10.
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