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BMO Capital Reiterates Market Perform Rating on Peloton Interactive (PTON)

May 28, 2024 5:39 AM EDT

BMO Capital analyst Simeon Siegel reiterated a Market Perform rating and $6.50 price target on Peloton Interactive (NASDAQ: PTON).

The analyst comments "PTON sits at a pivotal moment; finally low enough to warrant material upside but, we believe, that requires a strategy shift. Absent... More