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Telsey Advisory Reaffirms Their Hold Rating on Peloton Interactive (PTON)

Tipranks - Tipranks - Fri Apr 3, 8:02AM CDT

In a report released today, Joe Feldman from Telsey Advisory maintained a Hold rating on Peloton Interactive, with a price target of $6.00.

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According to TipRanks, Feldman is a 4-star analyst with an average return of 3.1% and a 49.80% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Five Below, Best Buy Co, and Dick’s Sporting Goods.

Currently, the analyst consensus on Peloton Interactive is a Moderate Buy with an average price target of $7.00.

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Based on Peloton Interactive’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $656.5 million and a GAAP net loss of $38.7 million. In comparison, last year the company earned a revenue of $674 million and had a GAAP net loss of $92 million

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