Why Peloton Interactive Is Falling Today

Shares of Peloton Interactive (NASDAQ: PTON) were falling 4% in morning trading Wednesday following yesterday's bounce on news of a deal with music entertainer Beyonce.

Wall Street still sees healthy upside from the home fitness equipment maker, but an analyst at Rosenblatt Securities lowered his price target to $145 per share from $155, while a KeyBanc Capital Markets analyst reiterated his price target of $160 per share.

Image source: Peloton Interactive.

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Source Fool.com