Life Time Group Holdings Inc (LTH) PT Raised to $31 at RBC Capital

RBC Capital analyst Logan Reich raised the price target on Life Time Group Holdings Inc (NYSE: LTH) to $31.00 (from $27.00) while maintaining a Outperform rating.

The analyst commented: "4Q preannounce & 2025 guidance above expectations. This morning, LTH preannounced 4Q24 results and provided initial 2025 guidance, both beating on top- and bottom-line. Positively, memberships accelerated 100 bps y/y in 4Q, SSS for 4Q and 2025 guide were well ahead, and the flow-through to net income was meaningfully higher than expected. Not much to pick at in the release, but we think management needs to articulate a path to new center growth above the 10-12 units expected in '25 for the out years. Raising estimates and PT to $31 and reiterate OP. The full earnings release and conference call are scheduled for 2/27."

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