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Stock impact report

Why Xponential Fitness (XPOF) Shares Are Sliding Today [Yahoo! Finance]

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Yahoo! Finance
Stifel Nicolaus dropped its price objective on Xponential Fitness from $10.00 to $8.00. In a separate report, Guggenheim reduced its target price on the stock from $13.00 to $12.00. These adjustments followed a period where the company's revenue had declined by 2.1% compared to the same quarter in the previous year. Adding to the negative pressure, reports also indicated that insider sentiment was negative, driven by open-market selling from key executives. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Xponential Fitness? Access our full analysis report here Xponential Fitness's shares are extremely volatile and have had 44 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 6 days ago when the Show less Read more
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