Morgan Stanley Reiterates Overweight on Xponential Fitness, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has reiterated an Overweight rating on Xponential Fitness (NYSE:XPOF) and maintained a $32 price target.
August 04, 2023 | 7:33 pm
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Morgan Stanley has reiterated an Overweight rating on Xponential Fitness, maintaining a $32 price target. This could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the stock will outperform its sector in the coming months. Maintaining a $32 price target indicates that the analyst sees potential for the stock's price to rise to that level. This could potentially boost investor confidence in XPOF and lead to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100