, Siegel was the only analyst out of 23 Wall Street analysts to rate the stock a sell or underperform following the fourth quarter results. Both Evercore ISI and Stifel set a target price of $120, a significant increase from previous target prices, $62 and $72 respectively.
"Peloton, the stock, has taken on a life of its own that is driven by a view that the audience is limitless," Siegel said., where they interviewed 3,298 individuals from the US about Peloton. CivicScience found 67% of respondents were disinterested in Peloton products whereas 28% hadn't heard of the product.Bullish investors expect the market size for home fitness grow exponentially.
Siegel discovered there was a 0% increase in interest in learning about a Peloton product without seeing the price. This suggests the pandemic has not lifted the desire to own the product, Siegel said, in the September 15 research note.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to invest in 5G technology, stock picks from Neuberger Berman - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market investing, picks for $1 trillion growth of space industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock picks to buy, best investing ideas for volatile Q4 2020 from RBC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. At Jaashub , we make travelling and studying Abroad better and easier. Study better with us. Choose a place and you are there. !!! studyabroad educationalgist advancelearning studyinEurope
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla stock analysis: Billionaire Chamath Palihapitiya says it's still undervalued - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Test the Mask. The Covid-19 is captured in the masks. Link the smartphone devises to the facemask With the RFID Tags and QR Codes. YouTube Link: Getting into bed with any aspect of the battery industry is like getting into bed with the mob. It’s just not advisable at this time. Tesla isn’t special anymore, most brands produce electric cars and they are improving them every year, there’s literally no reason other than the current bubble for it to have over six times the market cap Daimler has
Source: BusinessInsider - 🏆 729. / 51 Read more »
Peloton's new marketing head on strategy, community and competition - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
What Peloton's 2013 Kickstarter can teach founders about fundraising - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hey, davegraham - look, it is kickstarter :) How is strapping an iPad to a treadmill innovative?
Source: BusinessInsider - 🏆 729. / 51 Read more »