Peloton's 34% Plunge Is a Buying Opportunity as Customer Complaints Ease, Says Analyst
The supply chain woes that have dogged Peloton Interactive (NASDAQ: PTON) during the COVID-19 pandemic are apparently easing, as negative customer comments on the Better Business Bureau's website are down "significantly."
MKM Partners analyst Rohit Kulkarni says that means the 34% plunge the home fitness equipment maker's stock has suffered makes Peloton an "attractive" buying opportunity, though he maintains his $130 per share price target.
Image source: Peloton Interactive.
Source Fool.com
