tiprankstipranks
Trending News
More News >

Peloton price target lowered to $8 from $9 at Telsey Advisory

Telsey Advisory analyst Dana Telsey lowered the firm’s price target on Peloton (PTON) to $8 from $9 and keeps a Market Perform rating on the shares. The company posted a “solid” beat on adjusted EBTIDA due to further profitability gains on its improved cost structure and unit economics, the analyst tells investors.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue