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Fly News Breaks for September 15, 2015
WTW
Sep 15, 2015 | 08:38 EDT
As previously reported, Craig-Hallum upgraded Weight Watchers to Buy from Hold and increased its price target to $10 from $6. Analyst Alex Fuhrman said the early results from Weight Watchers' new marketing plan for 2016 are "strongly positive" and has increased comfort that the company will be able to meet its near-term debt obligations. Fuhrman sees improved engagement into Q3 with visits per unique visitor on the company's website hitting an all-time high in September and trends in Google searches improving.
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