Baird Maintains Neutral on Peloton Interactive, Raises Price Target to $4.75
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jonathan Komp maintains a Neutral rating on Peloton Interactive (NASDAQ:PTON) and raises the price target from $4 to $4.75.
August 26, 2024 | 11:55 am
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Baird analyst Jonathan Komp has maintained a Neutral rating on Peloton Interactive but increased the price target from $4 to $4.75, indicating a slightly more positive outlook.
The increase in the price target from $4 to $4.75 suggests a slightly improved outlook for Peloton, which could positively influence investor sentiment in the short term. However, the Neutral rating indicates that the analyst does not foresee significant upside potential.
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