Baird analyst Jonathan Komp raised the firm’s price target on Xponential Fitness to $34 from $32 and keeps an Outperform rating on the shares. The analyst said Q4 results featured better-than-modeled adjusted EBITDA supported by healthy revenue upside and better-than-projected overall margin.
Published first on TheFly
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Read More on XPOF:
- Xponential Fitness Jumps 16% after Great Earnings
- Xponential Fitness sees 2023 revenue $285M-$295M, consensus $287.38M
- Xponential Fitness reports Q4 adjusted EPS 7c, consensus 10c
- Xponential Fitness appoints Andrew Hagopian as chief legal officer
- Xponential Fitness price target raised to $31 from $29 at Citi
