✉news HealthFitness first seen 22 h ago, last 18 h ago, peak #14
RBC Lowers Planet Fitness Price Target to $60, Stays Bullish
Original: RBC Cuts Price Target on Planet Fitness to $60 From $65, Keeps Outperform Rating
RBC Capital Markets has lowered its price target on Planet Fitness stock to $60 from $65 while maintaining an Outperform rating on the shares. The adjustment signals the bank still expects the fitness chain's stock to rise, just by a smaller margin than before. Analysts at RBC did not cite a major change in their view of the company's fundamentals, making this a routine recalibration that traders and investors monitoring gym-sector stocks are noting.
Why now: Investors tracking Planet Fitness shares are reacting to a fresh analyst revision ahead of trading decisions.
Planet FitnessRBC Capital Markets
Evidence
- RBC Cuts Price Target on Planet Fitness to $60 From $65, Keeps Outperform Rating · marketscreener.com
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