October 11, 2019 Sophia Vida
Hot Stocks

Peloton Gets a “Buy” Rating from Analyst Despite A Lackluster IPO

According to a Baird analyst, private in-door cycling company Peloton is a buy, despite it potentially not being able to turn a profit for five years. It was on Wednesday that Baird initiated coverage on the stock and gave it an “outperform” rating. According to the firm, the digital fitness company has “created a better … Continue reading “Peloton Gets a “Buy” Rating from Analyst Despite A Lackluster IPO”