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Planet Fitness price target raised to $95 from $92 at Raymond James
The Fly

Planet Fitness price target raised to $95 from $92 at Raymond James

Raymond James analyst Joseph Altobello raised the firm’s price target on Planet Fitness to $95 from $92 and keeps a Strong Buy rating on the shares after the company reported "strong" Q4 results. The current valuation does not fully reflect the company’s highly resilient franchisee-based model, its strong positioning as a value gym and "ample" store growth opportunities, the analyst tells investors.

Published first on TheFly

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