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Fly News Breaks for October 11, 2019
PTON
Oct 11, 2019 | 07:34 EDT
MKM Partners analyst Rohit Kulkarni started Peloton with a Neutral rating rating and $24 price target. While the analyst says Peloton's recent track record, member loyalty and market leading member engagement levels highlight that the company has a superior product-market fit, he believes that the value proposition that Peloton offers today will continue to have a limited addressable market.
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