Improving web traffic and cost-cutting measures could boost shares of Peloton higher from here, according to UBS.
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Analyst Eric Sheridan upgraded the connected fitness company to a price target that suggests more than 61% potential upside.
Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
The Greenlight Capital founder said investors have overreacted to Peloton's latest earnings results, and named a few other stocks…
Peloton beat Wall Street's expectations on the top and bottom lines and issued strong holiday guidance.
Shares have pulled back more than 36% so far in 2025.
Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its workforce…
