Peloton stock can soar nearly 80% to KeyBanc analyst’s new price target
October 11, 2021 at 12:42 PM EDT
Shares of Peloton Interactive Inc. got a lift Monday, after KeyBanc analyst Edward Yruma said the recent selloff presented a "compelling" opportunity for long-term investors to buy, as recent Bike price cuts should offset a slower Tread ramp.