Weight Watchers Spikes On Oprah NY Post Report

Weight Watchers International, Inc. (NYSE: WTW) shares are spiked to 2.59 percent on Friday after The New York Post reported that "the stock, at least for now, has the media mogul beat."Shares of WTW closed Thursday at $11.98. The company's market cap fell on Thursday as its shares dropped 4.39 percent or 0.55 points. After the stock's trading session opened at $12.66, the shares of WTW reached up to $12.7 and had hit a low of $11.61.Craig-Hallum reiterated a Buy rating on December 7, 2015 for WTW and raises its PT to $35 from a previous price target of $28. "People are trying to wrap their heads around whether this is a $50 or a $5 stock," commented analyst Craig-Hallum at Alex Fuhrman. "Nothing about what has been going on with Weight Watchers is normal."Weight Watchers stock has more than tripled since October, when Oprah Winfrey had purchased a 10 percent stake in the New York company and became the spokeswoman. Since August, Oprah has lost over 20 pounds since she joined the Weight Watchers program. The company's shares have fallen -28.73 percent from its 1 Year high price. WTW shares registered a one year high at $28.05 on Nov 19, 2015 and the one year low was last seen on Jul 7, 2015.