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BofA and Telsey Cut Peloton (PTON) Price Targets
Yahoo Finance· 2026-02-23 14:57
Peloton Interactive, Inc. (NASDAQ:PTON) is one of the 13 Best American Penny Stocks to Invest In. On February 6, BofA Securities lowered its price target on Peloton Interactive, Inc. (NASDAQ:PTON) from $9 to $7.5 but kept its Buy rating on the stock. This update comes after the company reported its fiscal second-quarter results. Peloton Interactive, Inc. (NASDAQ:PTON) posted revenue of $657 million for the quarter, which was 3% less than Wall Street’s expectations of $677 million. This was driven mainly b ...