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Peloton named ‘top pick’ at JPMorgan as firm boosts price target to $105 ‘street high’
On Wednesday, JPMorgan analysts led by Doug Anmuth raised their Peloton estimates across the board, and set a $105 price target (vs. $58). Peloton was named a ‘top pick’ at the firm, along with Amazon, Facebook and Snap. The Final Round panel discusses the bullish call ahead of the company’s earnings on September 10.
