Guggenheim tells investors in a research note that the recent selloff in WW shares since the March 1 Q4 results announcement creates a buying opportunity ahead of Oprah Winfrey’s primetime weight loss special. The firm believes the selloff is not related to any publicly known fundamental risk that has developed since the Q4 print, with its review of app data showing trends are materially unchanged since then. The firm reiterates a Buy rating and $12 price target.
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