Peloton to Remain the Clear Leader in Connected Fitness, Says Morgan Stanley By Investing.com
“We may flip extra optimistic if we acquire extra visibility/conviction across the course of the important thing inputs across the three 12 months outlook,” added Schenk. “Whereas we anticipate PTON to stay the clear dominant participant within the bike market long-term, we do not anticipate any new modality to drive as a lot unit gross sales or income because the bike.”
Elsewhere, JMP Securities analyst Andrew Boone stated they see “robust” preliminary demand for Peloton’s all-in subscription pricing.
Peloton fell over 1% within the early a part of Monday’s session.
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