From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
Planet Fitness Shares Jump After Analyst Ratings
Planet Fitness stock rises 7.9% as RBC Capital and Baird maintain Outperform ratings despite lowering price targets.
In brief
Planet Fitness stock rises 7.9% as RBC Capital and Baird maintain Outperform ratings despite lowering price targets. Planet Fitness shares rose 7.9% to $47.53 after RBC Capital and Baird kept Outperform ratings while cutting price targets to $60. Originally reported by Alphastreet - Earnings Decoded. Market…
Planet Fitness Shares Jump
Planet Fitness shares jumped 7.9% Friday to close at $47.53.
Analysts Lower Price Targets
RBC Capital and Baird cut price targets to $60 from $65 and $72 while keeping Outperform ratings.
Market Focus on Ratings
Investors reacted positively to maintained Outperform ratings despite reduced price targets.
What matters most
Planet Fitness shares rose 7.9% to $47.53 after RBC Capital and Baird kept Outperform ratings while cutting price targets to $60.
