Wolfe Research Initiates Coverage On Peloton Interactive with Peer Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has initiated coverage on Peloton Interactive (NASDAQ:PTON) with a Peer Perform rating by analyst Shweta Khajuria.
July 16, 2024 | 10:34 am
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Wolfe Research has initiated coverage on Peloton Interactive with a Peer Perform rating. This neutral rating suggests that the analyst does not expect significant outperformance or underperformance relative to peers.
The Peer Perform rating indicates a neutral stance, suggesting that the analyst expects Peloton to perform in line with its peers. This is neither a strong buy nor a sell signal, which is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100