RBC Capital analyst Christopher Carril raised the firm’s price target on Life Time Group to $23 from $21 and keeps an Outperform rating on the shares. The company reported a "strong" Q1 with better-than-expected profitability and positive full-year EBITDA guidance revision, the analyst tells investors in a research note. RBC anticipates the ongoing benefit from in-center cost controls complementing solid membership demand and top-line momentum for Life Time Group.
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