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Life Time Group price target raised to $28 from $26 at Wells Fargo

Wells Fargo raised the firm’s price target on Life Time Group (LTH) to $28 from $26 and keeps an Equal Weight rating on the shares. The firm now has more confidence in Life Time Group’s ability to increase price without sacrificing membership growth and visitation, the analyst tells investors in a research note. Wells remains Equal Weight-rated on valuation, but says it could get more constructive on a pullback.

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