F45 Training price target lowered to $1.50 from $3 at Baird

Baird analyst Jonathan Komp lowered the firm’s price target on F45 Training to $1.50 from $3 and keeps a Neutral rating on the shares. The analyst reduced his target after the company filed a notification of delay in providing its 2022 10-K annual report, with management turnover and ongoing assessment of material weaknesses contributing factors.