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Home Business Morgan Stanley predicts gyms will recover and rates Planet Fitness at overweight

Morgan Stanley predicts gyms will recover and rates Planet Fitness at overweight


A customer wears a face mask as they lift weights while working out inside a Planet Fitness gym as the location reopens after being closed due to the Covid-19 pandemic, on March 16, 2021 in Inglewood, California.

Patrick T. Fallon | AFP | Getty Images

Gym companies like Planet Fitness are showings signs of recovery even as the pandemic continues, and that should make this a good buying opportunity for investors, according to Morgan Stanley.



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