Imperial Capital Downgrades Town Sports International To In-line

Imperial Capital downgraded

from Outperform to In-line. The price target for Town Sports International has been lowered from $9.00 to $5.50. Town Sports International shares have dropped 13.64 percent over the past 52 weeks, while the S&P 500 index has surged 10.90 percent in the same period. Town Sports International's shares fell 19.66 percent to close at $5.19 yesterday.