Town Sports Int'l (CLUB) Reports Q1 Loss Per Share of 52c

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Go back to Town Sports Int'l (CLUB) Reports Q1 Loss Per Share of 52c

Imperial Capital Downgrades Town Sports (CLUB) to In-Line

May 7, 2015 6:21 AM EDT

Imperial Capital downgraded Town Sports (NASDAQ: CLUB) from Outperform to In-Line with a price target of $5.50 (from $9.00) as Q1 membership trends disappointed.

Analyst John O'Neil commented, "Our price target represents 6% appreciation potential from the recent closing price. After the market close on 5/4/15, CLUB reported 1Q EPS which fell slightly short of our expectations, but of... More