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Fly News Breaks for August 8, 2019
TVTY
Aug 8, 2019 | 09:51 EDT
Shares of Tivity Health "simply seem way too cheap" at current levels, especially after the company gave a "positive" update for its healthcare business through at least fiscal 2020, Barrington analyst Michael Petusky tells investors in a research note. While Tivity reduced expectations for its nutrition business, it provided a bullish outlook for healthcare, says Petusky. The analyst notes his price target of $40 implies over 100% upside from current share levels. He keeps an Outperform rating on Tivity Health.
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