Weight Watchers Int'l (WTW) Tops Q1 EPS by 29c; Raises Outlook

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Weight Watchers (WTW): Signs of Progress in Q1, Says Analyst

May 1, 2014 10:50 AM EDT

Wedbush maintained a Neutral rating on Weight Watchers (NYSE: WTW) and raised is price target to $20.00 (from $19.00). Analyst Kurt Frederick noted signs of progress in Q1.

"Recruitment fell in each geographic segment, resulting in declines of 14% in paid weeks and 16% in attendance. Nonetheless, revenue of... More