Wells Fargo raised the firm’s price target on Life Time Group (LTH) to $26 from $25 and keeps an Equal Weight rating on the shares after analyzing Placer.ai data for its clubs. Visitation is tracking up year-over-year as Life Time Group continues to raise price, and Wells is incrementally positive on the company’s ability to attract/retain members while capturing pricing.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LTH:
- Life Time Group initiated with an Outperform at Evercore ISI
- Life Time Group reports Q3 EPS 19c, consensus 20c
- Life Time Group raises FY24 revenue view to $2.6B-$2.61B from $2.56B-$2.59B
- LTH Earnings this Week: How Will it Perform?
- Life Time Group expands relationship with National Academy of Sports Medicine