Peloton Soars on Australia Foray, Analyst Upgrade By Investing.com
By Dhirendra Tripathi Investing.com - (NASDAQ:PTON) jumped nearly 13% Tuesday, boosted by Monday’s announcement that it would expand into Australia. The stock rose almost $13, to $114, a trifle lower from the day’s high of $115.50 so far. Adding to the investor sentiment was an upgrade by MKM Partners analyst Rohit Kilkarni, who now has a ‘buy’ rating on the stock with a price...
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