#4 - WW International (NASDAQ:WW)
WW International Inc. (NASDAQ: WW) is best known as Weight Watchers. WW stock pushed over 30% higher in December, but not on expectations of 2024 New Year's resolutions. Rather, the company is developing a behavior change program geared for the specific needs of individuals who are using one of the weight loss drugs from Novo Nordisk or Eli Lilly.
In announcing the program, Weight Watchers acknowledges that these individuals face unique nutritional challenges, specifically as it relates to “protein and nutrient-dense foods as well as hydration.” The program offers daily nutritional and activity targets as well as other specific targets.
The program was announced shortly after Weight Watchers spokesperson, Oprah Winfrey, announced she is currently using a weight loss drug. WW International analyst ratings on MarketBeat give the stock a Moderate Buy rating with an $11.67 price target which is 25% higher than the closing price on December 26, 2023.
About WW International
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.
Read More - Current Price
- $1.01
- Consensus Rating
- Hold
- Ratings Breakdown
- 3 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $4.50 (345.5% Upside)
