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Peloton Interactive (PTON) PT Raised to $135 at Needham & Company Into Earnings

August 26, 2021 7:40 AM EDT

Needham & Company analyst Bernie McTernan raised the price target on Peloton Interactive (NASDAQ: PTON) to $135.00 (from $125.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating and increase our price target to $135 using a higher target multiple... More