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Deutsche Bank initiates Peloton at buy, says the stock can rebound more than 70%

Cari Gundee rides her Peloton bike at home, April 6, 2020, in San Anselmo. Because of COVID-19, shelter-inplace orders (COVID-19) are increasing the number of people who turn to Peloton.

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Investors need to be patient and not buy. PelotonDeutsche Bank reports that it has been thriving despite the recent challenges.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.