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Fly News Breaks for April 23, 2019
TVTY
Apr 23, 2019 | 07:11 EDT
Cantor Fitzgerald analyst Steven Halper says his review of the nutrition/weight management industry supports his view that Tivity Health's acquisition of Nutrisystem "should be able to generate significant revenue synergies." The weight management market opportunity is large and continues to expand given attractive industry and policy tailwinds, Halper tells investors in a research note. While the market is competitive, Nutrisystem is well positioned, contends the analyst. He reiterates an Overweight rating on Tivity Health with a $40 price target.
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