B of A Securities Maintains Buy on Planet Fitness, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Planet Fitness and raised the price target from $95 to $100, indicating confidence in the company's future performance.
September 06, 2024 | 5:02 pm
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B of A Securities has reaffirmed its Buy rating on Planet Fitness and increased the price target to $100, suggesting positive expectations for the company's stock performance.
The increase in the price target from $95 to $100 by B of A Securities, along with the maintained Buy rating, indicates a positive outlook for Planet Fitness. This suggests that the analyst expects the stock to perform well, which could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100