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.

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Source Fool.com