RBC Capital analyst Christopher Carril raised the firm’s price target on Life Time Group to $21 from $20 and keeps an Outperform rating on the shares after its Q4 earnings beat. While bears point to the company’s elevated capital intensity, there is upside in the stock, driven by membership and price-driven top-line growth along with the flow-through of cost savings and balance sheet deleveraging, the analyst tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on LTH:
