- Craig-Hallum thinks the market is overreacting to the impact on Nutrisystem (NASDAQ:NTRI) from the Kraft-Heinz-Oprah Winfrey refrigerated food partnership.
- The firm says Nutrisystem is off to strong start to the 2017 diet season. Shares of Nutrisystem are rated at Buy with a $40 price target (24% upside) at Craig-Hallum.
- Wall Street ratings scorecard on Nutrisystem: 4 Buys, 1 Hold.
- Shares of NTRI are down 7% post-Oprah deal.