Peloton Interactive (PTON) PT Lowered to $12 at JPMorgan

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Go back to Peloton Interactive (PTON) PT Lowered to $12 at JPMorgan

Peloton Interactive (PTON) PT Lowered to $9 at Roth/MKM, 'Another Messy Quarter; NT Demand Outlook Remains Unclear'

August 24, 2023 5:57 AM EDT

Roth/MKM analyst George Kelly lowered the price target on Peloton Interactive (NASDAQ: PTON) to $9.00 (from $11.00) while maintaining a Buy rating.

The analyst comments "PTON's 4Q23 report showed continued consumer demand challenges and one-time issues that negatively impacted revenue growth and... More