Peloton price target lowered to $9 from $11 at BofA

BofA lowered the firm’s price target connected Peloton (PTON) to $9 from $11 and keeps a Buy standing connected the shares up of the institution reporting fiscal Q2 results connected February 5. The steadfast remains optimistic connected Peloton’s product-led strategy, AI integration, and expanding ecosystem, but lowers its aggregate connected expectations for higher churn pursuing October’s terms increases.

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• Peloton Interactive telephone measurement supra mean and directionally bullish

• Peloton terms people lowered to $8 from $9 astatine Telsey Advisory

• Peloton Stockholders Approve Key Proposals astatine Annual Meeting

• Amazon initiated, GE Vernova upgraded: Wall Street’s apical expert calls

• Peloton initiated with a Neutral astatine Guggenheim