Baird analyst Jonathan Komp raised his price target for Planet Fitness to $80 from $75 and maintained an Outperform rating ahead of the company's quarterly earnings report on May 2, saying he expects system units near or slightly above 1,805 based on checks, with comps likely tracking near or above 8.5% growth, including continued membership gains, a slight increase in black card penetration and a benefit from the late-2019 Black Card price hike. While Planet Fitness is no longer a top idea, Komp says he still sees a very good fundamental backdrop as top-line momentum supports an upward bias to 2019E EPS.