Expectations for underwhelming future growth have pushed Bank of America onto the sidelines with Peloton . Analyst Justin Post downgraded the workout stock to neutral from buy and cut his price target in half to $6.50. Still, Post's shaved target still implies an upside of 20.1% from where the shares finished Wednesday. "While we still see real value in the sub base ... we have less confidence in subscriber growth drivers from here," he said in a note to clients Wednesday.
mountain Peloton's last five days — CNBC's Michael Bloom contributed to this report
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Bank of America Corp. stock rises Wednesday, still underperforms marketShares of Bank of America Corp. inched 0.04% higher to $28.45 Wednesday, on what proved to be an all-around great trading session for the stock market, with...
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Peloton earnings: What to expect from the maker of exercise bikesPeloton Interactive Inc. is once again about to update investors on the progress of its turnaround.
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