RBC Capital Calls Life Time Group Holdings Inc (LTH) 'Underappreciated and Misunderstood'; PT Raised

RBC Capital analyst Logan Reich raised the price target on Life Time Group Holdings Inc (NYSE: LTH) to $38.00 (from $35.00) while maintaining an Outperform rating.

The analyst commented: "Underappreciated and misunderstood; LTH's Q1 print was above expectations and encouragingly incenter revenue grew faster than dues revenue, implying current members show no signs of softening discretionary spending at Lifetime. The company continues to have pricing power & selectively raises prices on an ongoing basis, and we anticipate '26 center growth to be above '25 barring a significant macro downturn, both of which were areas of some investor confusion, in our view. And while member growth was slightly softer in Q1 & April, we think this is likely a temporary headwind ahead of pool season's typically strong member growth. Reiterate OP."

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