BAML Downgrades PLNT to Neutral, PT $59

BAML analyst Rafe Jadrosich lowered their price target on PLNT to $59 on May 8, downgrading the rating to Neutral from Buy.

Rafe’s record on PLNT: 27 calls tracked, the stock touching the target in 23 of 27 of them.

Among the analysts AnaChart tracks on PLNT, the split is 15 Buy, 2 Hold. The target range spans Megan Alexander at Morgan Stanley ($47) to Randal Konik at Jefferies ($175). The stock’s most recent close was $51.38.

PLNT price target chart: BAML cuts to $59
PLNT price targets: Rafe Jadrosich against the highest and lowest current targets on the stock, plotted with the price.

The $59 target is 15% above the stock’s $51.38 close.

FAQ

What is BAML’s price target on PLNT?

BAML’s Rafe Jadrosich has a $59 target on PLNT, rated Neutral, set May 8, 2026.

How often have Rafe Jadrosich’s PLNT price targets been reached?

AnaChart has tracked 27 price-target calls from Rafe Jadrosich on PLNT; the stock reached the target in 23 of them (85%).

What is the analyst view on PLNT?

Coverage is split 15 Buy / 2 Hold / 0 Sell, with targets from $47 (Morgan Stanley) to $175 (Jefferies).