Craig-Hallum raised the firm’s price target on Life Time Group (LTH) to $40 from $33 and keeps a Buy rating on the shares after visiting the company’s newest athletic country club, a 96,000 square foot facility in Rosemount, MN. The firm thinks this latest club helps to illustrate where Life Time is heading – and highlights the potential for substantial growth in the next decade. It is also raising its estimates to reflect significantly better-than-expected Q4 results and initial 2025 guidance provided last week.
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Read More on LTH:
- Life Time Group price target raised to $35 from $30 at BofA
- Life Time Group price target raised to $31 from $27 at RBC Capital
- Life Time Group price target raised to $28 from $26 at Wells Fargo
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