Wedbush Upgrades Nutrisystem (NTRI) to Outperform; Potential Sharp Rebound in Earnings

Wedbush upgraded Nutrisystem (NASDAQ: NTRI) from Neutral to Outperform. PT increased from $17 to $19.

Wedbush analyst says, "Raising rating on easier comparisons, benefit from new product launches, improved competitive environment, and lower cost base. Revenue comparisons become much easier following Q2, which saw sales increase 7% last year. From Q2-Q4, sales decreased 5%, 17%, and 16%, respectively, providing much easier hurdles for the company to beat.

For more ratings news on Nutrisystem click here and for the rating history of Nutrisystem click here.

Shares of Nutrisystem closed at $14.33 yesterday.

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