Mizuho Maintains Buy on Life Time Group Hldgs, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a Buy rating on Life Time Group Holdings (LTH) but has reduced the price target from $27 to $26.

January 18, 2024 | 5:31 pm
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Mizuho has maintained a Buy rating on Life Time Group Holdings but lowered the price target from $27 to $26.
The reduction in price target by Mizuho could have a mixed impact on LTH's stock price. While the Buy rating reaffirms confidence in the company's prospects, the lowered price target may suggest a more conservative valuation by the analyst, which could temper investor expectations. However, since the decrease is relatively small, the overall impact might be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100