Peloton (PTON) Shares Recover Some Losses in Pre Market After Sharing Preliminary FQ2 Results, Stifel Upgrades to Buy as 'Stock Has Over Corrected'

Peloton Interactive (PTON) PT Lowered to $40 at Cowen

Cowen analyst John Blackledge lowered the price target on Peloton Interactive (NASDAQ: PTON) to $40.00 (from $100.00) while maintaining an Outperform rating.

The analyst commented, "PTON issued a press release on 1/20 with preliminary F2Q22 results; rev came in (6.6%) vs our est., just... More

Peloton Interactive (PTON) PT Lowered to $30 at Telsey

Telsey analyst Dana Telsey lowered the price target on Peloton Interactive (NASDAQ: PTON) to $30.00 (from $70.00) while maintaining a Outperform rating.

Peloton Interactive (PTON) PT Lowered to $50 at Needham & Company

Needham & Company analyst Bernie McTernan lowered the price target on Peloton Interactive (NASDAQ: PTON) to $50.00 (from $105.00) while maintaining a Buy rating.

The analyst commented, "Following a report by CNBC on production cuts and lower than expected reported subs we are substantially... More

Peloton Interactive (PTON) PT Lowered to $40 at Evercore ISI

Evercore ISI analyst Lee Horowitz lowered the price target on Peloton Interactive (NASDAQ: PTON) to $40.00 (from $72.00) while maintaining a In Line rating.... More

Peloton Interactive (PTON) PT Lowered to $40 at BofA Securities

BofA Securities analyst Justin Post lowered the price target on Peloton Interactive (NASDAQ: PTON) to $40.00 (from $74.00) while maintaining a Buy rating.... More

Peloton (PTON) Stock Crashes 25% on Report It Is Halting Production Amid 'Significant Reduction' in Demand

Shares of Peloton (NASDAQ: PTON) are down 25% in todays trading session after CNBC reported the fitness company is temporarily halting production of its connected fitness products in a response to weaker-than-expected demand.

Peloton is now more focused on cutting costs than on ramping... More