Canaccord Genuity analyst Michael Graham maintained a Buy rating on Peloton Interactive (PTON) yesterday and set a price target of $40.00. The company’s shares closed last Monday at $32.70.
Graham has an average return of 46.9% when recommending Peloton Interactive.
According to TipRanks.com, Graham is ranked #120 out of 5881 analysts.
Peloton Interactive has an analyst consensus of Strong Buy, with a price target consensus of $36.80, which is an 8.1% upside from current levels. In a report issued on January 25, Wedbush also initiated coverage with a Buy rating on the stock.
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The company has a one-year high of $37.02 and a one-year low of $20.46. Currently, Peloton Interactive has an average volume of 5.14M.
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Operates at-home fitness platform for live and on-demand indoor cycling classes