Stifel analyst Chris O`Cull maintains $Xponential Fitness (XPOF.US)$ with a buy rating, and adjusts the target price from $18 to $20.
According to TipRanks data, the analyst has a success rate of 61.2% and a total average return of 14.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Xponential Fitness (XPOF.US)$'s main analysts recently are as follows:
Last year, the company executed Black Friday new member promotions at StretchLab and Pure Barre, which are not anticipated to be repeated this year. Consequently, a more cautious stance has been adopted regarding comparable sales projections, with the expectation for full-year same-store sales growth to remain around 6.0%, consistent with prior full-year estimates.
The firm noted that while Xponential Fitness experienced a revenue beat in Q3, its adjusted EBITDA did not meet expectations due to a weaker margin performance.
Note:
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