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Fly News Breaks for May 1, 2018
NTRI
May 1, 2018 | 09:01 EDT
Lake Street analyst Chris Krueger says he remains confident that Nutrisystem management's track record of conservative guidance leaves room for upside. Following the company's Q1 results, the analyst believes the stock should move higher. There is "ample room" for continued growth as Nutrisystem's market share in the weight loss industry is only around 4%-7%, Krueger tells investors in a post-earnings research note. He reiterates a Buy rating on the shares with a $48 price target.
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