Planet Fitness selloff brings attractive entry point, says JPMorgan

JPMorgan analyst Rahul Krotthapalli recommends buying shares of Planet Fitness (PLNT) following the recent pullback. The firm sees an attractive entry point ahead of the company’s Q3 report and November 13 analyst day. The shares in the low-$90s reflect “de-risked” second half of 2025 membership and comp growth expectations, the analyst tells investors in a research note. JPMorgan continues to believe Planet Fitness remains an attractive growth story. It keeps an Overweight rating on the shares with a $108 price target