Peloton Interactive (PTON) Received its Third Buy in a Row


After Cowen & Co. and Stifel Nicolaus gave Peloton Interactive (NASDAQ: PTON) a Buy rating last month, the company received another Buy, this time from Needham. Analyst Laura Martin assigned a Buy rating to Peloton Interactive today and set a price target of $140.00. The company’s shares closed last Tuesday at $112.03.

According to TipRanks.com, Martin is a top 100 analyst with an average return of 28.2% and a 67.9% success rate. Martin covers the Services sector, focusing on stocks such as World Wrestling, Walt Disney, and Trade Desk.

Currently, the analyst consensus on Peloton Interactive is a Strong Buy with an average price target of $133.72.

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The company has a one-year high of $139.75 and a one-year low of $17.70. Currently, Peloton Interactive has an average volume of 24.51M.

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Operates at-home fitness platform for live and on-demand indoor cycling classes

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