Telsey Advisory Group Reiterates Market Perform on Peloton Interactive, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Peloton Interactive (PTON) and lowered the price target from $5 to $4.
April 29, 2024 | 11:57 am
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Telsey Advisory Group maintained a Market Perform rating on Peloton Interactive and reduced the price target from $5 to $4.
The reduction in price target by Telsey Advisory Group suggests a bearish outlook on Peloton Interactive's stock value in the short term. This adjustment reflects analyst expectations of lower future stock performance, potentially influencing investor sentiment and stock price negatively.
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