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Thursday, July 11, 2019

Weight Watchers +6% after JPMorgan moves off bearish stance

JPMorgan lifts Weight Watchers (NASDAQ:WW) to a Neutral rating from Underweight after seeing stabilizing subscriber trends at the company.
The firm bumps up its price target to $22 vs. the sell-side average PT of $25.45.
Shares of WW are up 6.23% premarket to $23.20 to cut into the 43% YTD decline.
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