UBS Maintains Neutral on WW International, Lowers Price Target to $2.1
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Neutral rating on WW International (NASDAQ:WW) and lowers the price target from $3 to $2.1.
April 25, 2024 | 3:31 pm
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NEGATIVE IMPACT
UBS analyst Michael Lasser maintains a Neutral rating on WW International and lowers the price target from $3 to $2.1.
The reduction in price target by a reputable analyst like Michael Lasser suggests a bearish outlook on the stock's short-term price potential. This adjustment reflects a lowered expectation of the company's future performance, which could lead to decreased investor confidence and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100