Evercore ISI raised the firm’s price target on Life Time Group (LTH) to $38 from $29 and keeps an Outperform rating on the shares following quarterly results. The firm notes that Life Time Group raised its revenue outlook by 0.2%-0.5% and raised its adjusted EBITDA margins by 60bps from the time the company last guided just slightly over a month ago on January 16th. Evercore’s sense is the underlying business trends have been solid year to date.
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Read More on LTH:
- Life Time Group raises FY25 revenue view to $2.93B-$2.98B from $2.91B-$2.97B
- Life Time Group reports Q4 adjusted EPS 27c, consensus 21c
- Life Time Group price target raised to $30 from $29 at Morgan Stanley
- Life Time Group price target raised to $38 from $31.50 at Northland
- Life Time Group price target raised to $38 from $32 at Mizuho
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