Fly News Breaks for March 3, 2020
Mar 3, 2020 | 06:07 EDT
Citi analyst Wendy Nicholson upgraded WW International to Buy from Neutral with a $37 price target after taking over coverage of the name. The company's trends in sign-up and retention rates are encouraging, says the analyst, who notes that Oprah Winfrey has helped boost visibility for the brand. Further, WW's shift to digital provides a margin tailwind to the business, Nicholson tells investors in a research note.
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