By: Benzinga
Piper Jaffray Reiterates Overweight Rating, $14 PT on Town Sports International Holdings
In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating and $14.00 price target on Town Sports International Holdings (NASDAQ: CLUB ). Piper Jaffray noted, “On Friday afternoon, Town Sports announced the company will pay a special one-time dividend of $3.00/share on December 11th, 2012 for stockholders
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