Citigroup Maintains Buy on Peloton Interactive, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Peloton Interactive (NASDAQ:PTON) but lowers the price target from $17 to $13.
August 25, 2023 | 2:57 pm
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Citigroup maintains a Buy rating on Peloton Interactive but lowers the price target from $17 to $13.
The news is directly related to Peloton Interactive. While the Buy rating is maintained, the lowered price target might indicate a potential downside risk. However, the impact on the stock price is uncertain in the short term as it depends on how investors interpret this information.
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