Needham Reiterates Buy on Peloton Interactive, Maintains $10 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Bernie McTernan has reiterated a 'Buy' rating on Peloton Interactive (NASDAQ:PTON) and maintained a price target of $10.

August 23, 2023 | 1:34 pm
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Needham analyst Bernie McTernan has reiterated a 'Buy' rating on Peloton Interactive and maintained a price target of $10.
The reiteration of a 'Buy' rating by Needham analyst Bernie McTernan indicates a positive outlook for Peloton Interactive. The maintained price target of $10 also suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100