Peloton (PTON) 30-day option implied volatility at 81 as shares trend lower

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Peloton Interactive (PTON) PT Lowered to $135 at Cowen

May 7, 2021 6:31 AM EDT

Cowen analyst John Blackledge lowered the price target on Peloton Interactive (NASDAQ: PTON) to $135.00 (from $177.00) while maintaining a Outperform rating.

The analyst commented, "PTON reported strong F3Q results with sub growth, rev, & EBITDA ahead, helped by the pull forward of... More