Why Peloton Interactive Is Falling Today
Shares of Peloton Interactive (NASDAQ: PTON) were falling 4% in morning trading Wednesday following yesterday's bounce on news of a deal with music entertainer Beyonce.
Wall Street still sees healthy upside from the home fitness equipment maker, but an analyst at Rosenblatt Securities lowered his price target to $145 per share from $155, while a KeyBanc Capital Markets analyst reiterated his price target of $160 per share.
Image source: Peloton Interactive.
Source Fool.com
