Analyst: Planet Fitness Stock Is a 'Bullish Fresh Pick'

Baird named Planet Fitness Inc (NYSE:PLNT) a "bullish fresh pick" through the end of the year, and maintained its "overweight" rating on the stock. The analyst in question also noted the company could buck a cooler growth environment. At last glance, shares were up 0.8% to trade at $81.75. The equity is trading at its highest level since May 2023, and moved back above its 20-day moving average. PLNT also toppled resistance at the$79 level, which capped a July rally. Fresh off their third-straight weekly wi ...