Peloton (PTON) call put ratio 1 call to 1.2 puts into quarter results and outlook

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Citi Starts Peloton Interactive (PTON) at Neutral

August 30, 2021 6:27 AM EDT

Citi analyst Jason Bazinet initiates coverage on Peloton Interactive (NASDAQ: PTON) with a Neutral rating and a price target of $105.00.

The analyst comments "We regressed quarterly gross adds versus COVID and US stimulus checks (R2 is 0.87). Stimulus helped gross adds by... More