Canaccord Genuity Maintains Hold on Peloton Interactive, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Hold rating on Peloton Interactive while raising the price target from $4 to $5.
August 23, 2024 | 12:28 pm
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Canaccord Genuity has maintained a Hold rating on Peloton Interactive and increased the price target from $4 to $5, indicating a slightly more positive outlook.
The increase in the price target from $4 to $5 suggests a slightly improved outlook for Peloton Interactive, which could positively influence investor sentiment in the short term. However, the Hold rating indicates that the analyst does not see significant upside potential.
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