BMO Capital Maintains Market Perform on Peloton Interactive, Lowers Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel maintains a Market Perform rating on Peloton Interactive (PTON) and lowers the price target from $7.5 to $6.5.
May 03, 2024 | 3:44 pm
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BMO Capital maintains a Market Perform rating on Peloton Interactive and lowers the price target from $7.5 to $6.5.
The reduction in price target by BMO Capital suggests a bearish outlook on Peloton Interactive's short-term price potential, likely due to anticipated challenges or underperformance. This adjustment could lead to negative sentiment among investors, potentially impacting the stock's price negatively in the short term.
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IMPORTANCE 80
RELEVANCE 100