Morgan Stanley raised the firm’s price target on Peloton (PTON) to $6.50 from $6 and keeps an Equal Weight rating on the shares following model changes from Q3 earnings among the analyst’s small-to-mid cap internet coverage.
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Read More on PTON:
- Peloton Interactive put volume heavy and directionally bearish
- Cautious Hold on Peloton: Balancing Financial Health with Revenue Growth Uncertainties
- Peloton’s Earnings Call: Innovation Amid Challenges
- Peloton Interactive: Resilience and Strategic Innovation Drive Buy Rating
- Peloton price target lowered to $8.50 from $9.25 at Baird
