JP Morgan Maintains Underweight on Upstart Hldgs, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith maintains an Underweight rating on Upstart Holdings (NASDAQ:UPST) and raises the price target from $11 to $23.
August 08, 2023 | 10:47 am
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NEUTRAL IMPACT
JP Morgan maintains an Underweight rating on Upstart Holdings and raises the price target from $11 to $23.
The news directly pertains to Upstart Holdings. The raised price target indicates a positive outlook, but the Underweight rating suggests that the stock may be overvalued. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100