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Fly News Breaks for February 8, 2018
WTW
Feb 8, 2018 | 07:28 EDT
B. Riley FBR analyst Kara Anderson raised her price target for Weight Watchers to $86 after the company laid out a strategic vision and three-year plan that included a fiscal 2020 revenue target of $2B, which the analyst notes is well above expectations. Commentary on the reception of Weight Watchers' new plan for the 2018 diet season is "very positive," the analyst adds. She keeps an Overweight rating on the shares.
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