Peloton Interactive (PTON) PT Lowered to $2.50 at Morgan Stanley
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
Peloton (PTON) cut to Neutral at Citi on more limited visibility
May 6, 2024 11:55 AM EDTOn Monday, Citi downgraded for Peloton (NASDAQ: PTON), shifting the rating to Neutral from Buy. The firm also reduced the price target for the connected fitness equipment company's shares to $4, a significant decrease from the previous $8 per share.
The downgrade follows recent management changes and the introduction of a $200 million restructuring plan... More
