Piper Jaffray Maintains Overweight Rating on Life Time Fitness

According to Piper Jaffray, Life Time Fitness LTM Overweight rating is maintained. Piper Jaffray said that it is maintaining its OW rating and $51 PT heading into LTM's Q3 earnings on Thursday before the open. “We believe the company will report results inline with expectations given the steady earnings stream from its membership dues revenue.” Life Time Fitness closed yesterday at $39.96.