Baird Maintains Outperform on Planet Fitness, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jonathan Komp maintains an Outperform rating on Planet Fitness (NYSE:PLNT) but lowers the price target from $95 to $87.
August 04, 2023 | 3:18 pm
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NEUTRAL IMPACT
Planet Fitness' price target has been lowered from $95 to $87 by Baird, though the Outperform rating is maintained.
The lowering of the price target by Baird could potentially create a negative sentiment among investors, but the maintained Outperform rating suggests that Baird still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100