Morgan Stanley Maintains Overweight on Planet Fitness, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Megan Alexander maintains an Overweight rating on Planet Fitness and raises the price target from $84 to $89.
October 29, 2024 | 11:21 am
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Morgan Stanley has reaffirmed its Overweight rating on Planet Fitness and increased the price target from $84 to $89, indicating a positive outlook.
The increase in price target from $84 to $89 by Morgan Stanley suggests a positive outlook for Planet Fitness, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100