Planet Fitness Stock Eyes Breakout After Analyst Upgrade

Planet Fitness Inc (NYSE:PLNT) is in focus today after Stifel upgraded the stock to "buy" from "hold," with a price-target hike to $120 from $82. The firm cited stabilizing new membership rates and a number of potential tailwinds that could push comparable sales into the mid- to high-single-digit range over the next several years.Shares of the gym operator are up 1.4% before the bell, set to open just shy of their all-time high of $109.91. Coming into today, PLNT is up 59% year-over-year, though its year-to ...