Wall Street Zen Upgrades WW International (NASDAQ:WW) to "Hold"

Key Points

• WW International was upgraded to a "hold" rating by analysts at Wall Street Zen, indicating a shift in analyst sentiment about the company's stock.
• Morgan Stanley maintained an "equal weight" rating on WW International shares, signaling cautious optimism without a strong buy recommendation.
• Currently, WW International has a consensus rating of "Reduce" with an average target price of $0.75, reflecting concerns about the company's performance.

Wall Street Zen upgraded shares of WW International (NASDAQ:WW - Free Report) to a hold rating in a report released on Saturday morning.

Separately, Morgan Stanley restated an "equal weight" rating on shares of WW International in a research report on Friday, August 1st. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Reduce" and a consensus target price of $0.75.

WW International Price Performance

NASDAQ:WW traded up $0.20 during trading hours on Friday, reaching $31.86. 40,306 shares of the company were exchanged, compared to its average volume of 324,672. The business has a 50 day moving average of $30.58 and a 200 day moving average of $10.89. WW International has a 1-year low of $23.01 and a 1-year high of $46.95. The company has a market capitalization of $318.19 million, a P/E ratio of -5.50 and a beta of 1.30.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.