Morgan Stanley Maintains Overweight on Planet Fitness, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Megan Alexander maintains an Overweight rating on Planet Fitness (NYSE:PLNT) and raises the price target from $65 to $74.
November 09, 2023 | 2:34 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Planet Fitness and raises the price target from $65 to $74, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for Planet Fitness. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100