Peloton double-upgraded at BofA, 'many miles more of EBITDA growth likely'

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Deutsche Bank Reiterates Hold Rating on Peloton Interactive (PTON)

November 5, 2024 5:25 AM EST

Deutsche Bank analyst Lee Horowitz reiterated a Hold rating and $6.20 price target on Peloton Interactive (NASDAQ: PTON).

The analyst comments "All in, with revenue and gross add declines accelerating in FY25, while Churn continues to tick higher given a dilutive subscriber mix to... More