Morgan Stanley raised the firm’s price target on Planet Fitness (PLNT) to $123 from $119 and keeps an Overweight rating on the shares. The firm raised its EPS estimates for Planet by 4% and lowered its Life Time (LTH) estimates by 4% in 2026 to reflect Q3 earnings, the analyst noted in a leisure group update.
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Read More on PLNT:
- Planet Fitness: Strong Financial Performance and Strategic Growth Drive Buy Recommendation
- Planet Fitness price target raised to $125 from $120 at Stifel
- Planet Fitness price target raised to $130 from $125 at Roth Capital
- Planet Fitness price target raised to $115 from $110 at RBC Capital
- Planet Fitness price target raised to $110 from $108 at JPMorgan