Fly News Breaks for March 27, 2019
Mar 27, 2019 | 05:45 EDT
Stifel analyst Steven Wieczynski started OneSpaWorld Holdings with a Buy rating and $16 price target. The company is the "ultimate" free cash flow growth story within the cruise/travel segment, Wieczynski tells investors in a research note. He estimates OneSpaWorld's free cash flow per share will grow, on average, around 40%/year for the next three years. Further, he believes the company is the "perfect counterbalance play" around cruise industry oversupply fears.
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