Fly News Breaks for April 30, 2019
Apr 30, 2019 | 05:24 EDT
Imperial Capital analyst George Kelly lowered his price target for Town Sports International Holdings to $5.50 from $11 to reflect pressures on the company's business model. A multitude of factors have pressured Town Sports in recent quarters, Kelly tells investors in a research note following last week's Q1 results. The analyst, however, keeps an Outperform rating on the shares.
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