UPDATE: Raymond James Upgrades Xponential Fitness Inc (XPOF) to Strong Buy

September 22, 2021 4:31 AM EDT
Get Alerts XPOF Hot Sheet
Price: $15.51 -2.94%

Rating Summary:
    8 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 13 | New: 18
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(Updated - September 22, 2021 5:21 AM EDT)

Raymond James analyst Joseph Altobello upgraded Xponential Fitness Inc (NYSE: XPOF) from Market Perform to Strong Buy with a price target of $14.00.

The analyst comments "Our Strong Buy rating on the shares of Xponential Fitness (XPOF) reflects our view that the company’s leading position in the attractive boutique fitness market, numerous growth opportunities and relatively attractive valuation more than offset near-term risks related to COVID or execution, with the stock’s recent pullback largely unjustified. Further, we continue to expect a meaningful recovery in key metrics over the coming quarters, which should serve as a catalyst for the stock."

For an analyst ratings summary and ratings history on Xponential Fitness Inc click here. For more ratings news on Xponential Fitness Inc click here.

Shares of Xponential Fitness Inc closed at $10.34 yesterday.

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