Peloton gets lockdown boost as home workouts drive exercise bike sales

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Peloton Interactive (PTON) PT Raised to Street High $58 at JPMorgan, Top Idea

May 7, 2020 5:53 AM EDT

JPMorgan analyst Doug Anmuth raised the price target on Peloton Interactive (NASDAQ: PTON) to Street High $58.00 (from $40.00) while maintaining a Overweight rating.

The analyst comments "Peloton is the largest interactive fitness platform in the world, with 2.6M members across the US, UK, Canada,... More