Stifel Maintains Buy on Planet Fitness, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull has reaffirmed a Buy rating on Planet Fitness (NYSE:PLNT) and increased the price target from $72 to $85, indicating a positive outlook on the company's stock.
January 19, 2024 | 5:10 pm
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Stifel analyst Chris O'Cull maintains a Buy rating on Planet Fitness and raises the price target to $85, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100