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Fly News Breaks for November 14, 2019
OSW
Nov 14, 2019 | 09:25 EDT
Stifel analyst Steven Wieczynski said he "severely cut" his 2020 EBITDA estimate for OneSpaWorld by 12% due to timing issues for certain ship contracts that he previously was giving the company "too much credit for." However, he doesn't believe there are any material changes to OneSpaWorld's core customer base or dominant market share position and he contends that near-term issues are just a timing function. The analyst, who views today's weakness as "an outstanding buying opportunity," trimmed his price target on OneSpaWorld shares to $19 from $20 and keeps a Buy rating on the stock.
News For OSW From the Last 2 Days
OSW
Mar 26, 2024 | 06:46 EDT
OneSpaWorld announced that all remaining public warrants have been converted into common shares and exercised or canceled, generating $52.1M in new cash proceeds for the company.