Baird analyst Jonathan Komp raised the firm’s price target on Peloton (PTON) to $6 from $5.50 and keeps a Neutral rating on the shares. The firm updated its model following Q3 results where vitals were stronger but the top line ggrowth story needs some toning.
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Read More on PTON:
- Peloton Neutral Rating Reiterated as Turnaround Progress Remains Mixed; $5 Price Target Maintained
- Peloton Reaffirmed at Hold as Revenue Returns to Growth but Subscriber Durability Concerns Persist
- Peloton earnings call highlights profit-focused reset
- Peloton: Peloton Commercial Series to be available to gym operators in 2Q27
- Peloton expects to achieve positive net income on FY basis in FY26
