Planet Fitness, Inc. Announces Third Quarter 2016 Results

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Go back to Planet Fitness, Inc. Announces Third Quarter 2016 Results

Jefferies Raises Price Target on Planet Fitness (PLNT) Following Solid 3Q

October 27, 2016 8:34 AM EDT

Jefferies reiterated a Buy rating on Planet Fitness (NYSE: PLNT), and raised the price target to $27.00 (from $26.00), following the company's 3Q earnings report. PLNT reported system-wide comps of +10.0%, ahead of consensus of 7.2%.

Analyst Randal Konik commented, "PLNT posted a solid 3Q'16 with a... More

Cowen Raises Price Target on Planet Fitness (PLNT) to $25 Following 3Q

October 27, 2016 7:40 AM EDT

Cowen reiterated an Outperform rating on Planet Fitness (NYSE: PLNT), and raised the price target to $25.00 (from $24.00), following the company's 3Q earnings report. PLNT reported overall system-wide comps of +10.0%, ahead of the Street at +7.3%. About 90% of the comp was driven by an increase in members.... More