Hold on to your shares: Peloton Interactive Inc. (PTON) Stock

JMP Securities raised the price target for the Peloton Interactive Inc. (NASDAQ:PTON) stock from ‘a Mkt perform’ to ‘a Mkt outperform’. The rating was released on May 11, 2023, according to finviz. We previously noted in another research note published on May 11, 2023 by Stifel that downgraded the stock from a Buy to a Hold with a price target of $14 for PTON stock. The research report from Citigroup has upgraded the stock from Neutral to Buy, with a price target set at $36. The stock was reiterated by Telsey Advisory Group, who disclosed in a research note on April 18, 2023, to Market Perform and set the price objective to $28.