Fly News Breaks for May 20, 2019
May 20, 2019 | 08:30 EDT
As previously reported, Jefferies started OneSpaWorld Holdings with a Buy rating and $17 price target. Analyst Stephanie Wissink noted that the company is a market leader in the operations of spas and salons aboard major cruise ships and sees tailwinds from the three "major" growth trends of experiential consumerism, leisure demand and personal wellness. The analyst noted that OneSpaWorld already has over 80% share with major cruise lines and she sees new centers and vessels under existing contracts as well as improved utilization supporting annual growth.
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