These Analysts Revise Their Forecasts On Peloton Interactive After Q2 Earnings
Portfolio Pulse from Avi Kapoor
Peloton Interactive reported better-than-expected Q2 results, with reduced losses and increased sales. Following the earnings announcement, analysts revised their price targets, leading to a significant stock price increase.
August 23, 2024 | 1:11 pm
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Peloton Interactive's Q2 earnings exceeded expectations, reducing losses and increasing sales. Analysts revised their price targets, resulting in a 35.4% stock price increase.
Peloton's better-than-expected Q2 results, with reduced losses and increased sales, led to positive analyst revisions. This boosted investor confidence, resulting in a significant stock price increase.
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