UPDATE: Citigroup Raises PT on NutriSystem on Successful Turnaround
July 31, 2013 at 11:33 AM EDT
In a report published Wednesday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on NutriSystem (NASDAQ: NTRI ), and raised the price target from $10.00 to $15.00. In the report, Citigroup noted, “Management appears to be successfully engineering a turnaround of the NutriSystem brand, which we think is still