Why Peloton's Stock Is Trading Higher Today

Peloton Interactive PTON shares are trading higher on Tuesday, after BofA Securities reiterated a Buy on the stock and raised the price target from $36 to $41.

Peloton is an American exercise equipment and media company that was founded in 2012 and launched with help from a Kickstarter funding campaign in 2013.

Peloton shares were trading up 4.63% at $35.47 on Tuesday. The stock has a 52-week high of $38.08 and a 52-week low of $17.70.

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Peloton Reports Q2 Earnings Beat, Stock Falls On Outlook

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