Form 4 PELOTON INTERACTIVE, For: Nov 02 Filed by: LYNCH WILLIAM

Go back to Form 4 PELOTON INTERACTIVE, For: Nov 02 Filed by: LYNCH WILLIAM

Stifel Downgrades Peloton Interactive (PTON) to Hold

November 5, 2021 4:21 AM EDT

Stifel analyst Scott Devitt downgraded Peloton Interactive (NASDAQ: PTON) from Buy to Hold with a price target of $70.00 (from $120.00).

The analyst comments "We are lowering our rating to Hold following the rapid deterioration in the companys full year outlook, which was initially provided last... More