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PLNT - Planet Fitness membership increase improves longer-term outlook - analyst

Planet Fitness Inc.

2024-05-14 09:10:20 ET

The higher cost of a new membership improves the longer-term growth trajectory for Planet Fitness ( NYSE: PLNT ) leading J.P. Morgan to upgrade the stock to Overweight from Neutral and raise their price target by 15% to $78, an 18% upside to Monday’s closing price. ...

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Planet Fitness membership increase improves longer-term outlook - analyst
Stock Information
Company Name: Planet Fitness Inc.
Stock Symbol: PLNT
Market: NYSE
Website: planetfitness.com
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