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This Stock Is Down 96%, and One Wall Street Analyst Thinks It Could Gain 226% in 2024

The market is holding steady in 2024 following a heady 2023. That may be thanks to investor enthusiasm at the prospect of interest rates falling year and many companies reporting positive business trends. In the meantime, you still have the opportunity to find bargain stocks before they take off.Peloton Interactive (PTON -2.51%) is down 96% from its highs, but at least one Wall Street analyst expects it to gain 226% in 2024, according to CNN Business. The fitness equipment maker has had a rough few years, a ...