DA Davidson analyst Linda Bolton Weiser raised the firm’s price target on WW to $9 from $6 and keeps a Buy rating on the shares. WW reported Q4 profit and subscribers that beat consensus, and Q1 guidance for subscribers exceeded the Street’s forecast, the analyst tells investors in a research note. CEO Sima Sistani has dramatically improved marketing execution, the firm says.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on WW: