Analyst Linda Bolton Weiser lowered 2021 estimates for Planet Fitness based on a lower number of planned 2021 store openings, lower reported equipment sales and sales gth that she does not expect to turn positive until the fourth quarter.
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Investors should turn bearish on Sleep Number’s stock after the “significant” increase in the stock to the point where the valuation is now “well ahead” of its historic average, Nagle said in the downgrade note.
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