Avondale Downgrades Nutrisystem (NTRI) to Market Perform, Cuts Target to $9.50

March 6, 2012 12:03 PM EST
Get Alerts NTRI Hot Sheet
Price: $42.89 --0%

Rating Summary:
    0 Buy, 11 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Avondale's Avand Vankawala downgraded shares of Nutrisystem (NASDAQ: NTRI) from Market Outperform to Market Perform Tuesday morning on the heels of a Q4 miss and Q1 and FY12 guidance which came in well below the Street estimates. Vankawala's price target was slashed from $18 to $9.50.

Nutrisystem shares last traded at $10.57, down about 11 percent from Monday's closing price.

For an analyst ratings summary and ratings history on Nutrisystem click here. For more ratings news on Nutrisystem click here.


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