OneSpaWorld price target lowered to $21 from $25 at Stifel

Stifel lowered the firm’s price target on OneSpaWorld (OSW) to $21 from $25 and keeps a Buy rating on the shares. With the recent severe market pullback, coupled with a cloudy consumer backdrop, the firm believes the near-term could be “tricky” given there remains a lot of uncertainty around the general health of the consumer. However, it identifies OneSpaWorld as a gaming and leisure stock that should be viewed as “best in class” even if the current uncertain operating environment persists, the analyst tells investors.