BofA lowered the firm’s price target on Life Time Group (LTH) to $43 from $45 and keeps a Buy rating on the shares. Gen Z and Millennials are increasingly prioritizing healthy ways of living and both Planet Fitness (PLNT) and Life Time offer exposure to these trends, but at different ends of the value spectrum, the analyst tells investors. The firm cites trimming its multiple and rolling forward valuation to its 2027 EBITDA estimate for its lowered target.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LTH:
- Life Time Group price target raised to $42 from $41 at Northland
- Midday Fly By: GE Aerospace reports Q4 beat, P&G reports mixed Q2
- Morning Movers: Abbott and McCormick sink following fourth quarter results
- Life Time Group sees FY26 revenue $3.3B-$3.33B, consensus $3.31B
- Life Time Group sees Q4 adjusted EPS 32c-34c, consensus 32c