Peloton Interactive (PTON; i) is set to Benefit From Demand for in-Home Health and Fitness Subscription Services. Argus Analysts Upgrade and see 70% Upside Potential Under the new CEO.
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The stock of Peloton Interactive (PTON; i) was a massive winner during the Covid-19 pandemic. Peloton's business model is based on a hybrid approach that combines the sale of high-quality fitness equipment with a subscription service. The main products are stationary bikes and treadmills equipped with large screens. Customers can purchase these devices and then subscribe monthly to gain access to live and on-demand fitness classes. The key growth drivers for Peloton are the expansion of the product range to include strength training equipment...
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