Cowen analyst Max Rakhlenko raised the firm’s price target on Planet Fitness to $92 from $90 and keeps an Outperform rating on the shares. The analyst said the company exited 4Q with momentum and we expect strong 1Q member growth. That said placements missed and we re monitoring franchisee health.
Published first on TheFly
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- Planet Fitness price target raised to $95 from $92 at Raymond James
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