TD Cowen Maintains Hold on Peloton Interactive, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge maintains a Hold rating on Peloton Interactive (NASDAQ:PTON) and raises the price target from $3 to $4.
August 23, 2024 | 1:00 pm
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TD Cowen analyst John Blackledge maintains a Hold rating on Peloton Interactive and raises the price target from $3 to $4, indicating a slightly more positive outlook.
The increase in price target from $3 to $4 suggests a slightly improved outlook for Peloton, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100