Shares of connected fitness-bike maker Peloton Interactive Inc. got hit last week following the company’s quarterly results, marked by a continued drop in sales and the disclosure of a $75 million settlement with Dish Network. But long-skeptical analysts at BMO think Peloton’s PTON ailing stock finally reflects the difficulties of the company, which is trying to retrench following a pandemic-era boom and bust.
Analysts there upgraded the stock to the equivalent of hold from sell — a rating they’d had since April 2020, when…
