Morgan Stanley Downgrades Peloton Interactive to Underweight, Lowers Price Target to $4.5

Benzinga Newsdesk www.benzinga.com Negative 94.1%

Neg 94.1% Neu 0% Pos 0%

Morgan Stanley analyst Lauren Schenk downgrades Peloton Interactive (NASDAQ:PTON) from Equal-Weight to Underweight and lowers the price target from $5 to $4.5.