Roth MKM Maintains Buy on Peloton Interactive, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly maintains a 'Buy' rating on Peloton Interactive (NASDAQ:PTON) but has lowered the price target from $9 to $8.
November 03, 2023 | 3:53 pm
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NEUTRAL IMPACT
Peloton's price target has been lowered from $9 to $8 by Roth MKM, though the 'Buy' rating is maintained.
The lowering of the price target indicates a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the company's stock, which could balance out the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100