Fly News Breaks for February 26, 2020
Feb 26, 2020 | 09:01 EDT
DA Davidson analyst Linda Weiser raised her price target on WW International to $63 and kept her Buy rating after its Q4 earnings beat and above-consensus guidance for FY20. The analyst cites the company's subs hitting an all-time high of over 5M this month, adding that she is encouraged by WW's pilot study to add a third mid-priced product as well as its ability to satisfy the existing, lapsed, and new member demands. Weiser also raises her FY20 EPS outlook by 19c to $2.27.
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