Why Peloton Interactive Stock Is Rising Today
Shares of Peloton Interactive (NASDAQ: PTON) were rising about 3% in morning trading Thursday after Exane BNP Paribas analyst Laurent Vasilescu initiated coverage on the home-fitness equipment maker with an outperform rating.
Analysts have been generally bullish about Peloton's prospects even after the market dealt its stock a serious blow following news on the effectiveness of Pfizer's coronavirus vaccine.
Image source: Peloton Interactive.
Source Fool.com
