Telsey Advisory lowered the firm’s price target on Peloton (PTON) to $8 from $9 and keeps a Market Perform rating on the shares. Telsey is providing its outlook for 2026, the analyst tells investors. The firm expects the company to continue to prioritize profitability in 2026. Telsey believes CEO Peter Stern has done a “good job” setting the company’s strategy and views the company as in better shape financially.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTON:
- Peloton Stockholders Approve Key Proposals at Annual Meeting
- Peloton Interactive call volume above normal and directionally bullish
- Amazon initiated, GE Vernova upgraded: Wall Street’s top analyst calls
- Peloton initiated with a Neutral at Guggenheim
- Midday Fly By: Alphabet continues ascent, fueled by AI optimism