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Rosenblatt Securities analyst Bernie McTernan reiterated a Buy rating on Peloton Interactive (NASDAQ:PTON) on Wednesday, setting a price target of $140, which is approximately 25.34% above the present share price of $111.7.
McTernan expects Peloton Interactive to post earnings per share (EPS) of $0.48 for the fourth quarter of 2020.
The current consensus among 24 TipRanks analysts is for a Strong Buy rating of shares in Peloton Interactive, with an average price target of $122.59.
The analysts price targets range from a high of $160 to a low of $33.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $607.1 million and a net profit of $89.9 million. The company's market cap is $32.52 billion.
According to TipRanks.com, Rosenblatt Securities analyst Bernie McTernan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 16.6% and a 48.21% success rate.
Operates at-home fitness platform for live and on-demand indoor cycling classes
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