Guggenheim Maintains Buy Rating for Xponential Fitness: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Guggenheim has maintained its Buy rating for Xponential Fitness (NYSE:XPOF) but lowered its price target from $32.00 to $30.00. XPOF shares are currently trading down 3.41% at $18.11 per share. A move to $30.00 would represent a 65.65% increase from the current share price.
September 15, 2023 | 5:00 pm
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Guggenheim has maintained its Buy rating for Xponential Fitness but lowered its price target. This could potentially lead to a short-term decrease in XPOF's stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, while Guggenheim has maintained its Buy rating for XPOF, it has lowered its price target. This could be interpreted by investors as a sign of decreased confidence in the stock's performance, potentially leading to a short-term decrease in XPOF's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100