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Weight Watchers International

Broker roundup, including Weight Watchers, Valeant Pharma and Rogers Communications

The analysts at Barclays took a shine to Weight Watchers (NYSE:WTW) today upgrading the shares to 'equalweight' from 'underweight'.

A look at some of today\\\'s broker views...

The analysts at Barclays took a shine to Weight Watchers (NYSE:WTW) today upgrading the shares to 'equalweight' from 'underweight'.

The target price was also lifted to US$14 a share from US$5.

Ealier this week, it emerged one of the most popular US talk show hosts had taken a stake in the Weight Watchers parent firm.
Oprah Winfrey, the presenter of the eponymously named show, purchased a 10% stake in the global slimming group Weight Watchers International for US$43mln and will take a seat on the board.

Also in broker world on Wednesday, drugs giant GlaxoSmithKline  was pushed up to 'neutral' from 'underperform' by Credit Suisse.

Rogers Communications (TSE:RCI) gained over a percentage point to US$49.68 on the day as Macquarie raised its rating to 'outperfom' from 'neutral'.

On the flipside, CIBC is less upbeat on Valeant Pharmaceuticals International (NYSE: VRX) and downgrades it to 'sector perform' from ' sector outperform'.

Shares lost over 27% to US$106.47.

Quick facts: Weight Watchers International

Price: $27.70

Market: NASDAQ
Market Cap: $1.86 billion

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