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Peloton downgraded by Credit Suisse, which slashes price target to $50

Tiger Newspress2021-12-10

Peloton stock fell nearly 4% in premarket trading after Credit Suisse analyst Kaumil Gajrawala downgraded it to neutral and lowered its price target to $50 from $112.

Peloton Interactive was downgraded to neutral from outperform at Credit Suisse, as it lowered its price target to $50 from $112.

Analysts led by Kaumil Gajrawala lowered their rating due to improving mobility and a return to in-person fitness after a strong 2021. The Credit Suisse subscriber estimate of 800,000 net adds is below company guidance between 1 million and 1.1 million, and Peloton has been increasing advertising and discounting more to fight slowing demand, which "change[s] the economic model."

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评论18

  • jimmylaw
    ·2021-12-10
    Like and comment 
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    • donggzz
      yes
      2021-12-11
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    • lilyplant
      👍
      2021-12-10
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  • SteadyDoesIt
    ·2021-12-10
    Stay home trade is over
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  • VDIAMOND
    ·2021-12-10
    Good to know 
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  • Vall
    ·2021-12-10
    Ok
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  • Snooooooopy
    ·2021-12-10
    Like pls
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    • Vall
      Ok
      2021-12-10
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  • whoartthou
    ·2021-12-10
    G
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  • Wolala
    ·2021-12-10
    K
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    • Wolala
      k
      2021-12-10
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  • KopiLim
    ·2021-12-10
    Ok
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  • tadirazo
    ·2021-12-10
    Like
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    • Dazhu
      done
      2021-12-10
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    • Snooooooopy
      okk
      2021-12-10
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    • d63a8e4
      great
      2021-12-10
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  • CHP1
    ·2021-12-10
    Gg
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  • neoh
    ·2021-12-10
    Like
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    • neoh
      thanks
      2021-12-14
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    • neoh
      thanks
      2021-12-11
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    • CHP1
      ok
      2021-12-10
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  • Konnyaku
    ·2021-12-10
    ... 
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    • Konnyaku
      ...
      2021-12-10
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  • supergrowth
    ·2021-12-10
    More fitness center opening. 
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  • currylow
    ·2021-12-10
    Likr pls
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  • 小金钱袋
    ·2021-12-10
    Like pls
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  • wyin08
    ·2021-12-10
    Pls like
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  • jwee
    ·2021-12-10
    Hm
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    • wyin08
      ya
      2021-12-10
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    • jwee
      Ok
      2021-12-10
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  • 4XKEYQ
    ·2021-12-10
    Wow
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    • Eileena
      ooo
      2021-12-10
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