DA Davidson analyst Michael Kawamoto kept his Buy rating and $58 price target on Planet Fitness ahead of its Q3 results, saying the company is "poised for continued top and bottom line growth" as well as a potential guidance raise. The analyst notes that Planet Fitness is well positioned with an "un-matched brand recognition and robust underlying momentum" that give him confidence in its ability to "deliver" on its growth strategy. With limited exposure to mainland China, Kawamoto also states that the company is "largely immune" from the broader trade issues weighing on some of the other related companies under his coverage.