Morgan Stanley Reiterates Overweight on Planet Fitness, Maintains $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Megan Alexander reiterated an Overweight rating on Planet Fitness (NYSE:PLNT) and maintained a $79 price target.
April 01, 2024 | 6:38 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley analyst Megan Alexander reiterated an Overweight rating on Planet Fitness and maintained a $79 price target.
The reiteration of an Overweight rating and maintenance of a $79 price target by a reputable analyst from Morgan Stanley suggests a strong vote of confidence in Planet Fitness's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in PLNT's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100