Xponential Fitness price target raised to $32 from $30 at Baird

Baird analyst Jonathan Komp raised the firm’s price target on Xponential Fitness to $32 from $30 and keeps an Outperform rating on the shares. The analyst said management discussions highlighted continued robust business momentum which is supporting rising AUVs, accelerated unit expansion, and an upward bias to his near-term estimates.