Life Time Group: High-Engagement Membership Model Drives Buy Rating and Raised $63 Price Target Despite Muse Concerns
Tip Ranks·
- Jefferies analyst Randal Konik maintained a buy rating on Life Time Group Holdings and raised its price target to 63.00 dollars.
- The rating is driven by the company's high-price and high-usage membership model, robust user retention, and strong pricing power rather than reliance on customer inertia.
- The analyst believes market concerns regarding the Muse subscription cancellation tool are unwarranted, viewing any resulting share price weakness as a buying opportunity.