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Bank of Americas Alexander Perry held a Buy rating on Planet Fitness with a $75 price target as early as November 7, 2023, citing early signs of benefits to fitness industry from increased usage of GLP-1 drugs. BMOs Simeon Siegel was telling reporters that in a world where GLP-1s become widely accessible, gyms from Planet Fitness all the way up to the highest-end brands are likely going to pull out marketing campaigns looking to boost their membership bases. But the bullish notes were swimming against the tape

The CRP levels continued to decline at 60-70 days, illustrating a decrease of greater than average of 30%-33% decline in CRP levels over the time tested

Its buyer beware basically, Wilcox said