In a report released today, Joe Feldman from Telsey Advisory maintained a Hold rating on Peloton Interactive (PTON – Research Report), with a price target of $4.00. The company’s shares closed last Friday at $3.16.
Feldman covers the Consumer Cyclical sector, focusing on stocks such as Costco, Best Buy Co, and Home Depot. According to TipRanks, Feldman has an average return of 9.4% and a 58.19% success rate on recommended stocks.
Currently, the analyst consensus on Peloton Interactive is a Hold with an average price target of $6.24.
PTON market cap is currently $1.16B and has a P/E ratio of -1.29.
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Peloton Interactive (PTON) Company Description:
Founded in 2012, Peloton Interactive Inc. is a New York-based exercise equipment and media company, which provides interactive fitness products such as the Peloton Bike and the Peloton Tread, for live and on-demand classes.
Read More on PTON:
- Options Volatility and Implied Earnings Moves This Week, April 29 – May 02, 2024
- Unusual call flow in option market yesterday
- Peloton call volume 5x normal on large rolldown in Dec
- Peloton Interactive, Inc. Announces Third Quarter Fiscal 2024 Earnings Release Date, Conference Call, and Webcast
- Peloton Stock Hits New Lows on Dropped Free Membership Tier
