Truist Securities Maintains Hold on Peloton Interactive, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a 'Hold' rating on Peloton Interactive (NASDAQ:PTON) and has lowered the price target from $10 to $7.
September 01, 2023 | 4:31 pm
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Peloton Interactive's price target has been lowered from $10 to $7 by Truist Securities, while maintaining a 'Hold' rating.
The lowering of the price target for Peloton Interactive by Truist Securities indicates a less optimistic outlook for the company's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100