It's Time to Get Back on Your Peloton...Stock

Owning Peloton Interactive (NASDAQ: PTON) stock is a lot like having one of its signature treadmills or stationary bikes in your home these days. In either case, you're probably working up a sweat and losing some serious weight.

The actual pounds that you've been shedding through Peloton sessions will vary by the intensity of your reps and your lifestyle calls between the workouts, but the math on the weight loss is a little more clear for Peloton investors. The stock begins this new week trading 39% below the all-time high it hit just two months ago. It's rough -- and the beads of sweat understandable -- but at least one Wall Street pro thinks that better days are ahead for Peloton stock.

Rohit Kulkarni at MKM Partners is upgrading shares of Peloton from neutral to buy. He's sticking with his earlier $130 price target, but after the swift sell-off since mid-January, that goal now represents 24% of near-term upside.

Source Fool.com