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Peloton Interactive (PTON) Gets a Hold from Telsey Advisory

Tipranks - Tipranks - Tue Apr 7, 9:06AM CDT

Telsey Advisory analyst Joe Feldman maintained a Hold rating on Peloton Interactive today and set a price target of $6.00.

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

In a report released on April 1, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $4.50 price target.

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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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