With Peloton, Patience Required. Deutsche Bank Starts Coverage at Buy. – Barrons

Shares of Peloton Interactive were falling Friday even after Deutsche Bank initiated coverage on the stock at Buy despite its recent tumbles.

In addition to the Buy rating, analyst Chris Woronka set a $76 price target, which implies a nearly 80% upside from the stock’s closing price on Dec. 1 of $42.25.

“While it’s never fun to lead off a…

Leave a comment

Your email address will not be published. Required fields are marked *