BofA upgrades Peloton over possible upside from incoming CEO

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Peloton Interactive (PTON) received an upgrade to Buy from Bank of America analysts, who also raised their price target to $9 per share.

Catalysts hosts Seana Smith and Madison Mills examine the analyst note, citing a positive outlook on subscriber growth under new CEO Peter Stern who will assume the chief executive mantle on January 1, 2025.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Luke Carberry Mogan.