Wells Fargo raised the firm’s price target on Life Time Group (LTH) to $28 from $26 and keeps an Equal Weight rating on the shares. The firm now has more confidence in Life Time Group’s ability to increase price without sacrificing membership growth and visitation, the analyst tells investors in a research note. Wells remains Equal Weight-rated on valuation, but says it could get more constructive on a pullback.
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Read More on LTH:
- UnitedHealth, BofA report Q4 earnings beats: Morning Buzz
- Morning Movers: UnitedHealth slips after quarterly results
- Life Time Group sees FY24 adjusted EPS 91c-92c, consensus 79c
- Life Time Group sees FY25 revenue $2.91B-$2.97B, consensus $2.88B
- Life Time Group sees Q4 adjusted EPS 24c-25c, consensus 16c
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