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Piper Sandler Starts Peloton Interactive (PTON) at Neutral

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An Opportunity Exists for Peloton (PTON) - Oppenheimer

July 22, 2022 11:54 AM EDT

Oppenheimer analyst Brian Nagel told investors in a note on Friday that "after an exhaustive study," they are assuming coverage of Peloton (NASDAQ: PTON) with an Outperform rating and increasing the firm's price target to $20 from $18 per share.

The analyst described Peloton's past... More