Guggenheim Maintains Buy on WW International, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Jack Wallace maintains a Buy rating on WW International (NASDAQ:WW) but lowers the price target from $12 to $6.
August 02, 2024 | 7:29 pm
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Guggenheim analyst Jack Wallace maintains a Buy rating on WW International but lowers the price target from $12 to $6.
The Buy rating suggests continued confidence in WW International's long-term prospects, but the significant reduction in the price target indicates concerns about short-term performance or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100