Planet Fitness (PLNT) Announces New Development Agreement In New Zealand

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JPMorgan Upgrades Planet Fitness (PLNT) to Overweight

May 11, 2022 5:08 AM EDT

JPMorgan analyst John Ivankoe upgraded Planet Fitness (NYSE: PLNT) from Neutral to Overweight with a price target of $90.00.

The analyst comments "Moving to OW based on usage trends, store growth, low labor/COGS exposure and much better valuation. Unit development is signaled pretty... More