Wedbush Reiterates Outperform on Peloton Interactive, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter has reiterated an Outperform rating on Peloton Interactive (NASDAQ:PTON) and maintained a $55 price target.
September 25, 2023 | 12:23 pm
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Wedbush analyst has reiterated an Outperform rating on Peloton Interactive and maintained a $55 price target.
The reiteration of an Outperform rating by a reputable analyst like Michael Pachter from Wedbush is a positive signal for Peloton Interactive. The maintained price target of $55 also indicates a positive outlook for the stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100