Xponential Fitness price target lowered to $16 from $18 at Baird

Baird lowered the firm’s price target on Xponential Fitness to $16 from $18 and keeps a Neutral rating on the shares. The firm said they made no material changes in their outlook after meeting with management at the ICR Conference.The company confirmed continued solid Q4 operating metrics including AUVs +13% year-over-year, comps +14%, and +557 full-year openings.