BMO Capital Maintains Market Perform on Peloton Interactive, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Simeon Siegel has maintained a 'Market Perform' rating on Peloton Interactive (NASDAQ:PTON) but lowered the price target from $9.5 to $8.
August 24, 2023 | 12:44 pm
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Peloton's price target has been lowered by BMO Capital from $9.5 to $8, while maintaining a 'Market Perform' rating.
The lowering of the price target by BMO Capital indicates a less optimistic outlook for Peloton's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100