Barclays lowered the firm’s price target on WW to $1.50 from $8 and keeps an Underweight rating on the shares post the Q4 report. WW shares further declined post the earnings call on “exacerbated concerns” over the company’s growth turnaround, liquidity, and leverage. WW expects its net leverage to be over 9-times in the coming quarters and it continues to face lower end market demand, says the firm.
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