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Fly News Breaks for February 15, 2019
WTW
Feb 15, 2019 | 07:20 EDT
Oppenheimer analyst Brian Nagel maintained an Outperform rating on WW ahead of the company's Q4 report on February 26, but slashed his price target to $40 from $98. In a research note to investors, Nagel says market sentiment towards WW has deteriorated significantly lately, as investors have increasingly fretted over the potential for waning subscriber growth at the company. Nagel says his continued positive call on WW is speculative and value-based.
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