Peloton slumps after first-quarter forecasts miss estimates
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Tech selloff weighs down Wall Street as bond yields climb
- Francisco Partners to acquire Weave Communications for $650M
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Goldman Sachs to acquire real estate company LCN for up to $410M
Peloton Interactive (PTON) PT Lowered to $9 at Roth/MKM, 'Another Messy Quarter; NT Demand Outlook Remains Unclear'
August 24, 2023 5:57 AM EDTRoth/MKM analyst George Kelly lowered the price target on Peloton Interactive (NASDAQ: PTON) to $9.00 (from $11.00) while maintaining a Buy rating.
The analyst comments "PTON's 4Q23 report showed continued consumer demand challenges and one-time issues that negatively impacted revenue growth and... More
Peloton Interactive (PTON) PT Lowered to $8 at BMO Capital
August 23, 2023 5:13 PM EDTBMO Capital analyst Simeon Siegel lowered the price target on Peloton Interactive (NASDAQ: PTON) to $8.00 (from $9.50) while maintaining a Market Perform rating.
The analyst commented, "4Q was yet another disappointing quarter. As weve highlighted for some time, we fear growing churn, slipping engagement, and... More
Peloton Interactive (PTON) PT Lowered to $9 at Barclays
August 23, 2023 4:35 PM EDTBarclays analyst Mario Lu lowered the price target on Peloton Interactive (NASDAQ: PTON) to $9.00 (from $17.00) while maintaining a Overweight rating.
The analyst commented, "Despite a large pullback in PTON shares today, FCF and Connected Fitness gross margin excluding one-time charges... More
