Bike price cut, rising costs to hit Peloton's profitability
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Citi Starts Peloton Interactive (PTON) at Neutral
August 30, 2021 6:27 AM EDTCiti analyst Jason Bazinet initiates coverage on Peloton Interactive (NASDAQ: PTON) with a Neutral rating and a price target of $105.00.
The analyst comments "We regressed quarterly gross adds versus COVID and US stimulus checks (R2 is 0.87). Stimulus helped gross adds by... More
Peloton Interactive (PTON) PT Lowered to $130 at Needham & Company
August 27, 2021 7:01 AM EDTNeedham & Company analyst Bernie McTernan lowered the price target on Peloton Interactive (NASDAQ: PTON) to $130.00 (from $135.00) while maintaining a Buy rating following earnings.
The analyst commented, "Lots of moving pieces coming out of 4Q earnings but our broader thesis on shares in... More
