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Fly News Breaks for November 14, 2019
OSW
Nov 14, 2019 | 07:17 EDT
Nomura Instinet analyst Harry Curtis downgraded OneSpaWorld Holdings to Neutral from Buy with a price target of $16, down from $19. "Several challenges" raised during the company's earnings call that lower its projected earnings growth through 2021, Curtis tells investors in a research note. With only 6% upside to his revised price target, the analyst downgrades the shares. He believes that either stronger earnings or a lower stock price is needed to support a Buy rating.
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