On Tuesday, the Vetr crowd downgraded their rating for Weight Watchers International, Inc. (NYSE: WTW) from 2 stars (Sell), issued 31 days ago, to 1 star (Strong Sell). Crowd sentiment for Weight Watchers at the time of the downgrade was mostly cautious, with 80 percent of Vetr user ratings bearish.
Weight Watchers started the year mysteriously spiking over 20 percent on January 30 to $13.40. However, the stock drew back just as quickly, but maintained a more even pace through the rest of the month and into February. The health management company is expected to report its Q4 earnings at the end of the month.
Weight Watchers closed at $12.65.
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Currently, the Vetr crowd's average target price fro the stock is down at $9.84, which is well below the average analyst target price of $17.50. Less than 2 percent of Vetr users are holding WTW in their watch lists.
Latest Ratings for WTW
|Dec 2016||Morgan Stanley||Downgrades||Equal-Weight||Underweight|
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