B of A Securities Downgrades Peloton Interactive to Neutral
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Justin Post has downgraded Peloton Interactive (NASDAQ:PTON) from Buy to Neutral.
August 24, 2023 | 8:13 am
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Peloton Interactive has been downgraded from Buy to Neutral by B of A Securities.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for Peloton Interactive. This could potentially lead to a decrease in the stock's price in the short term as investors may interpret this as a signal to sell or hold off on buying the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100