Weight Watchers, which has been updating its technology and reshaping its diet plan, becomes the latest company to embrace its initials. “We will go through a period where people will have to understand Weight Watchers reimagined,” Grossman said in an interview last week at WW headquarters in Manhattan. At the time, Weight Watchers was heavily in debt, and suffering through subscriber losses amid the rise of fitness apps. “She turned Weight Watchers from being a liability to an asset.”WW has garnered interest from a number of new analysts this year, with nine firms initiating coverage, according to Bloomberg data. Weight Watchers has nine buys and five hold ratings with an average price target $100.

Source: thestar September 24, 2018 17:26 UTC