The Fitness Stock No One is Talking About
Peloton is getting all the attention as the superstar of Connected Fitness, but the future of exercise is not a winner takes all business. It's time to start taking notice of Bowflex owner Nautilus, which is participating significantly in the workout-from-home trend and is transitioning to digital fitness.
Peloton PT Raised to $72 a share by Stifel
Peloton has changed the fitness industry forever, and demand for the connected fitness bike will remain elevated over the next several quarters, according to Stifel analyst Scott Devitt. The firm raised its price target to $72 a share from $62.
Peloton FOMO Pushes Stock to New High
Raymond James has a case of FOMO. The firm is jumping back into its coverage of Peloton with a price target of $65 and an OVERWEIGHT rating.