UPDATE: Roth Capital Downgrades F45 Training Holdings (FXLV) to Neutral

Roth Capital analyst George Kelly downgraded F45 Training Holdings (NYSE: FXLV) from Buy to Neutral with a price target of $8.00 (from $18.00).

The analyst comments "We are lowering our rating to Neutral following FXLV's 1Q22 report. We need more visibility regarding the many business model changes announced and their ultimate impact on FXLV's financial and unit-level models. Our price target moves to $8."

For an analyst ratings summary and ratings history on F45 Training Holdings click here. For more ratings news on F45 Training Holdings click here.

Shares of F45 Training Holdings closed at $6.91 yesterday.

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