Wall Street Tempers Nautilus Enthusiasm After Investor Update, but Still Sees 30% Upside
Nautilus (NYSE: NLS) believes the COVID-19 pandemic has forever changed how and where people exercise, which will allow it to grow revenue at a 10% compound annual rate for the next five years.
Wall Street, though, was underwhelmed by the guidance, and despite analysts still rating the stock a buy, took the opportunity of the company's' analyst day conference to lower their price targets.
Image source: Nautilus.
Source Fool.com
