B. Riley analyst Jeff Van Sinderen raised the firm’s price target on Xponential Fitness to $32 from $30 and keeps a Buy rating on the shares after the company announced preliminary Q4 metrics. The analyst believes the company is executing well and he expects continued increasingly profitable growth with expanding margins into fiscal 2023 and beyond.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on XPOF:
- Xponential Fitness price target raised to $32 from $30 at Baird
- Xponential Fitness expects to meet or exceed high end of FY22 outlook
- Xponential Fitness management to meet with B. Riley
- Xponential Fitness initiated with a Buy at Citi
- Xponential Fitness signs master franchise agreement in Japan for Rumble, AKT