JP Morgan Maintains Overweight on Peloton Interactive, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Peloton Interactive (PTON) but lowers the price target from $9 to $8.
February 02, 2024 | 8:49 pm
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JP Morgan maintains an Overweight rating on Peloton Interactive but lowers the price target from $9 to $8.
The reduction in price target by JP Morgan, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in PTON's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100