BofA lowers Peloton’s price target to $9 from $11 and maintains a Buy rating before fiscal Q2 results on February 5. The firm is optimistic about Peloton’s product strategy, AI integration, and expanding ecosystem, but lowers its multiple due to expected higher churn post price increases.

Peloton’s stockholders approve key proposals at the annual meeting. Additionally, Peloton’s price target is lowered to $8 from $9 by Telsey Advisory. Call volume for Peloton Interactive is above normal and directionally bullish.

Amazon is initiated, GE Vernova is upgraded according to Wall Street’s top analysts. Guggenheim initiates Peloton with a Neutral rating. Stay ahead in the market with the latest news and analysis on TipRanks.

Read more at Yahoo Finance: Peloton price target lowered to $9 from $11 at BofA