JP Morgan Maintains Overweight on Peloton Interactive, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Peloton Interactive (PTON) but lowers the price target from $8 to $7.
May 03, 2024 | 6:53 pm
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JP Morgan analyst Doug Anmuth maintains an Overweight rating on Peloton Interactive but lowers the price target from $8 to $7.
The reduction in price target by JP Morgan, despite maintaining an Overweight rating, could lead to short-term negative sentiment among investors, potentially impacting Peloton's stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100