Piper Sandler Downgrades Xponential Fitness to Neutral, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has downgraded Xponential Fitness (NYSE:XPOF) from Overweight to Neutral and reduced the price target from $21 to $13.

January 03, 2024 | 12:34 pm
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Xponential Fitness was downgraded by Piper Sandler from Overweight to Neutral, with a significant reduction in price target from $21 to $13.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The substantial decrease in the price target from $21 to $13 suggests a bearish outlook on the company's valuation, which may further impact investor sentiment and the stock's performance.
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IMPORTANCE 85
RELEVANCE 100