JP Morgan Maintains Neutral on Planet Fitness, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rahul Krotthapalli maintains a Neutral rating on Planet Fitness (PLNT) and lowers the price target from $75 to $72.
February 26, 2024 | 12:36 pm
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NEGATIVE IMPACT
JP Morgan analyst Rahul Krotthapalli maintains a Neutral rating on Planet Fitness and lowers the price target from $75 to $72.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in PLNT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100