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Shares of fitness company Peloton Interactive soared 22% in premarket trading Thursday after its first-quarter results topped ...
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and ...
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Bank of America analyst Curtis Nagle upgraded the stock to a Buy rating and nearly tripled his price target from $3.75 to $9, ...
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Peloton is betting that its new CEO, Peter Stern, can help turn the struggling company around after several tough years.
But in terms of the stock, he believes concerns over weak subscriber trends are already factored in and are set to at least stabilize in the near term. "We also await growth plans from new CEO ...