Peloton Stock Surges on Much-Needed Bull Note
Portfolio Pulse from
Peloton Interactive Inc (NASDAQ:PTON) saw its stock surge by 10.2% following an upgrade from Canaccord Genuity, which raised its rating to 'buy' from 'hold' and set a price target of $10.
March 14, 2025 | 2:30 pm
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Peloton Interactive Inc's stock surged by 10.2% after Canaccord Genuity upgraded its rating to 'buy' and set a $10 price target.
The upgrade from Canaccord Genuity to 'buy' with a $10 price target is a strong positive signal for investors, leading to a significant 10.2% increase in Peloton's stock price. This suggests increased investor confidence and potential for further gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100