Telsey Advisory Group Maintains Market Perform on Peloton Interactive, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained a 'Market Perform' rating on Peloton Interactive (NASDAQ:PTON) but has lowered the price target from $10 to $6.
August 24, 2023 | 9:05 am
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Peloton Interactive's price target has been lowered from $10 to $6 by Telsey Advisory Group, which maintains a 'Market Perform' rating on the stock.
The lowering of the price target for Peloton Interactive by Telsey Advisory Group indicates a bearish outlook for the stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100