Canaccord Genuity Maintains Buy on Peloton Interactive, Lowers Price Target to $8
Canaccord Genuity analyst Susan Anderson maintains Peloton Interactive (NASDAQ:PTON) with a Buy and lowers the price target from $10 to $8.
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Why It Matters
An expert analyst still likes Peloton but thinks its stock is worth less money now. This tells you the company faces some challenges, even though the analyst believes in it.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.