Roth Capital Starts Peloton Interactive (PTON) at Buy

April 15, 2020 4:43 AM EDT
Get Alerts PTON Hot Sheet
Price: $113.12 +6.64%

Rating Summary:
    24 Buy, 6 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 7 | New: 31
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(updating comment)

Roth Capital analyst George Kelly initiates coverage on Peloton Interactive (NASDAQ: PTON) with a Buy rating and a price target of $38.00.

The analyst comments "We believe there are many factors that will improve customer acquisition and
subscriber monetization in the coming years - and that COVID-19 likely accelerates the timeline. In our view, the stock is not expensive compared to other fast-growth streaming content peers, and longer-term we see significant upside as Peloton's ecosystem takes root."

For an analyst ratings summary and ratings history on Peloton Interactive click here. For more ratings news on Peloton Interactive click here.

Shares of Peloton Interactive closed at $31.88 yesterday.


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