UBS Maintains Sell on Peloton Interactive, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Arpine Kocharyan maintains a 'Sell' rating on Peloton Interactive (NASDAQ:PTON) and has lowered the price target from $8 to $4.
September 25, 2023 | 12:22 pm
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NEGATIVE IMPACT
UBS has maintained a 'Sell' rating on Peloton Interactive and lowered the price target from $8 to $4, indicating a negative outlook for the stock.
The 'Sell' rating maintained by UBS and the lowering of the price target from $8 to $4 indicates a negative outlook for Peloton Interactive. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100