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Fly News Breaks for June 5, 2018
WTW
Jun 5, 2018 | 06:18 EDT
BofA/Merrill analyst Oliva Tong initiated Weight Watchers with a Buy and $95 price target saying it has a proven operational model and sustainable momentum. Tong expects the company to reach 2020 targets given favorable demographics, strong operating leverage, and a cost efficient market strategy.
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