Baird analyst Jonathan Komp raised the firm’s price target on Peloton to $4.75 from $4 and keeps a Neutral rating on the shares. The firm said Q4 revenue/adjusted EBITDA topped expectations, and PTON guided F2025E adjusted EBITDA and FCF well above consensus and they are encouraged by the expected financial benefits of the company’s shift toward profitability, and prospects to name a new CEO soon.
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