Rosenblatt Securities Stick to Their Buy Rating for Peloton Interactive

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Rosenblatt Securities analyst Bernie McTernan reiterated a Buy rating on Peloton Interactive (NASDAQ:PTON) on Tuesday, setting a price target of $130, which is approximately 58.52% above the present share price of $82.01.

McTernan expects Peloton Interactive to post earnings per share (EPS) of -$0.20 for the third quarter of 2020.

The current consensus among 23 TipRanks analysts is for a Strong Buy rating of shares in Peloton Interactive, with an average price target of $111.
The analysts price targets range from a high of $138 to a low of $33.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $524.5 million and a net profit of -$58.4 million. The company’s market cap is $23.62 billion.

According to TipRanks.com, Rosenblatt Securities analyst Bernie McTernan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 17.7% and a 61.70% success rate.

Operates at-home fitness platform for live and on-demand indoor cycling classes

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