Finance Peloton hits record, and chart indicates another 28% rally ahead Staff Editor June 26, 2020 Share on Facebook Share on Twitter Share via Email Subscribe Now Log in Peloton keeps pedaling higher: Its shares were up 3.5% in Wednesday’s premarket. The exercise bike maker’s stock has rallied more than 100% this quarter, benefiting from the stay-at-home and workout-from-home trend. Cowen upped its price target to a Street high of $70 on Tuesday, calling it a pioneer in the space. Todd Gordon, managing director of Ascent Wealth Partners, agrees with Cowen that Peloton can continue its run… READ MORE @ CNBCPeloton keeps pedaling higher: Its shares were up 3.5% in Wednesday’s premarket. The exercise bike maker’s stock has rallied more than 100% this quarter, benefiting... Membership Required This article is for ATN Pro members only. ATN Pro members get: Unlimited access to Athletech News articles Exclusive access to ATN Pro-level reporting Discounts to ATN the Innovation Summit VIP access to community events Exclusive email newsletters Subscribe Now Already a member? Log in Already a member? Log in here Tags: Cowen Peloton
