Information Provided By: 
Fly News Breaks for April 29, 2019
PLNT
Apr 29, 2019 | 08:46 EDT
Cowen analyst Oliver Chen acknowledged that expectations are high for Planet Fitness with the stock up 42% year-to-date, but he believes the stock should trade near a high-growth peer average multiple given its strong fundamentals. The firm's consumer tracker indicates continuous improvement in membership growth and Chen sees Planet being well positioned for a solid quarter and to raise guidance modestly. Ahead of earnings, the analyst raised his price target on Planet Fitness shares to $85 from $65 and reiterated his Outperform rating.
News For PLNT From the Last 2 Days
There are no results for your query PLNT
