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

Tipranks - Tipranks - Thu May 28, 8:44AM 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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According to TipRanks, Feldman is a 4-star analyst with an average return of 3.9% and a 50.51% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Dutch Bros Inc, and Five Below.

Peloton Interactive has an analyst consensus of Moderate Buy, with a price target consensus of $7.75.

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Based on Peloton Interactive’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $630.9 million and a net profit of $26.4 million. In comparison, last year the company earned a revenue of $624 million and had a GAAP net loss of $47.7 million

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