Planet Fitness (PLNT) Reports Q2 EPS of $0.22, Topping Views

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Planet Fitness (PLNT) PT Raised to $28 at Cowen Following Strong 2Q

August 10, 2017 9:23 AM EDT

Cowen raised its price target on Planet Fitness (NYSE: PLNT) to $28.00 (from $23.00) while maintaining a Outperform rating. PLNT reported a stronger than anticipated 2Q17, with EPS of $0.22 clearing the Street by +3c, driven by higher than expected Franchise comps improvement of +9.3%.

Management raised... More