Baird analyst Jonathan Komp raised the firm’s price target on Planet Fitness to $105 from $100 and keeps an Outperform rating on the shares. The analyst said they reported strong Q4 results and confirmed healthy membership momentum entering 2023 with effective marketing and other drivers likely driving good relative performance.
Published first on TheFly
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Read More on PLNT:
- Planet Fitness sees FY23 adjusted EPS up 33%-36%, consensus $2.06
- Planet Fitness reports Q4 adjusted EPS 53c, consensus 47c
- Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2022 Results
- Planet Fitness cut to Neutral at DA Davidson after 50% stock rally
- Planet Fitness downgraded to Neutral from Buy at DA Davidson
