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Fly News Breaks for November 8, 2019
PLNT
Nov 8, 2019 | 08:36 EDT
Roth Capital analyst Dave King lowered his price target on shares of Planet Fitness to $75 from $86 as he cut his multiple assumption, but he maintains a Buy rating on the stock following the company's "beat and raise" report. His Buy rating reflects expectations for domestic and international store expansion, member gains and pricing and royalty rate increases, King noted.
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