221
The Peloton stock is in trouble today on Wall Street, falling over 4% in the $ 115 area. Weighs the downgrade decided by Wedbush who downgraded the stock to neutral with a target price of $ 115 from the $ 130 indicated above.
Wedbush highlights how in a post-pandemic environment users will have several options to choose from for their workouts and therefore it will be necessary to see how the fitness equipment manufacturer responds to the new dynamics.
Since the beginning of 2021, the Peloton stock, one of the big winners on Wall Street in 2020, has recorded a negative balance of over -21%.