Peloton sell-off is a buying opportunity, says Credit Suisse

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A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.
Adam Glanzman | Bloomberg | Getty Images

Peloton shares fell more than 14% on Wednesday after the company announced a treadmill product recall, and Credit Suisse is the latest Wall Street firm to say the dip presents a buying opportunity.