Peloton Interactive (PTON) PT Raised to $138 at Goldman Sachs

Peloton (PTON) Extends Post-Earnings Gain, Topping $100 Pre-Open, Up 14%

Peloton (NASDAQ: PTON) Extends Post-Earnings Gain, Topping $100 Pre-Open, Up 14%

Dow ends higher but Wall Street posts second straight weekly drop on tech slide

By Chuck Mikolajczak and Herbert Lash

NEW YORK (Reuters) - The Nasdaq slid and the S&P 500 closed little changed on Friday as early gains in technology and growth names faded, with each of the three major Wall Street averages posting their second straight weekly decline.

After hitting a record high of $61.86, shares of Oracle Corp (NYSE: ORCL) turned lower along with the rest of the technology sector , which closed down 0.75%. The cloud services company's earnings beat estimates as it signaled a recovery in client spending due to higher demand led by... More

Peloton Interactive (PTON) PT Raised to $33 at BMO Capital

BMO Capital analyst Simeon Siegel raised the price target on Peloton Interactive (NASDAQ: PTON) to $33.00 (from $26.00) while maintaining a Underperform rating.... More

Peloton Interactive (PTON) PT Raised to $120 at Baird

Baird analyst Jonathan Komp raised the price target on Peloton Interactive (NASDAQ: PTON) to $120.00 (from $90.00) while maintaining a Outperform rating.... More

Peloton Interactive (PTON) PT Raised to $115 at Truist Securities

Truist Securities raised its price target on Peloton Interactive (NASDAQ: PTON) to $115.00 (from $60.00) while maintaining a Buy rating.... More

Peloton Interactive (PTON) PT Raised to $109 at Raymond James

Raymond James analyst Aaron Kessler raised the price target on Peloton Interactive (NASDAQ: PTON) to $109.00 while maintaining an Outperform rating.

The analyst commented, "Peloton reported strong F4Q20 results ahead of heightened expectations, as the extended COVID-19 recovery in the U.S. drove... More

Peloton Interactive (PTON) PT Raised to $125 at Cowen

Cowen analyst John Blackledge raised the price target on Peloton Interactive (NASDAQ: PTON) to $125.00 (from $110.00) while maintaining an Outperform rating.

The analyst commented, "PTON reported strong F4Q20 results with Connected Fitness Sub growth & revenue coming in ahead of expectations,... More

Peloton Interactive (PTON) PT Raised to $130 at Rosenblatt

Rosenblatt analyst Bernie McTernan raised the price target on Peloton Interactive (NASDAQ: PTON) to $130.00 (from $105.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating on PTON and increase our PT to $130 and the company remains a top... More

Peloton Interactive (PTON) PT Raised to $120 at Stifel as Subs Break 1M

Stifel analyst Scott W. Devitt raised the price target on Peloton Interactive (NASDAQ: PTON) to $120.00 (from $72.00) after the company reported Revenue +172% y/y in the quarter and added 205k net CF subs in the quarter to reach 1.09mm subs (Street 1.09mm). Guidance was... More

Peloton Interactive (PTON) PT Raised to $120 at KeyBanc as Cash Flow Hits a Milestone

KeyBanc analyst Edward Yruma raised the price target on Peloton Interactive (NASDAQ: PTON) to $120.00 (from $74.00) after the company reported +172% revenue growth in Q4 and guided to +96% growth in FY21. Importantly, now, gross profit per CF device now exceeds CAC.

The analyst maintained an... More