Why Upstart Holdings Stock Is Up Today
Portfolio Pulse from Erica Kollmann
Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher following positive analyst coverage from BTIG. Analyst Lance Jessurun maintained a Buy rating for Upstart and raised the price target from $42 to $72. The company's shares have seen heavy trading volume, with more than 16 million shares traded in the session. Upstart's shares have risen more than 110% over the last month and more than 320% over the last three months. The company is set to release its second-quarter financial results on Aug. 8.
July 25, 2023 | 5:04 pm
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Upstart's shares are trading higher following positive analyst coverage from BTIG. The price target has been raised from $42 to $72, which appears to be driving the shares higher.
The positive analyst coverage from BTIG and the increase in the price target from $42 to $72 are likely driving Upstart's shares higher. The heavy trading volume indicates strong investor interest, which could further boost the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100