Yahoo · Aug 19, 2026
Why Planet Fitness (PLNT) Stock Is Trading Up Today
Shares of inclusive gym franchise company (NYSE:PLNT) jumped 4.7% in the afternoon session after Morgan Stanley raised its price target to $51 from $47, according to MarketBeat. Morgan Stanley kept an Equal Weight rating. At about $50.56, the new $51 target implies less than 1% upside, so this is a valuation tweak, not a bullish rating change. Street consensus remains Moderate Buy, with an average target near $70. The move follows Planet Fitness’s August 6 quarter: EPS of $0.88 versus $0.85 expe

