Peloton Interactive (PTON) PT Lowered to $2.50 at Morgan Stanley

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Peloton Interactive (PTON) PT Lowered to $2.50 at Morgan Stanley

Peloton (PTON) cut to Neutral at Citi on more limited visibility

May 6, 2024 11:55 AM EDT

On Monday, Citi downgraded for Peloton (NASDAQ: PTON), shifting the rating to Neutral from Buy. The firm also reduced the price target for the connected fitness equipment company's shares to $4, a significant decrease from the previous $8 per share.

The downgrade follows recent management changes and the introduction of a $200 million restructuring plan... More