JMP Securities Maintains Market Outperform on Oportun Financial, Raises Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst David Scharf maintains a Market Outperform rating on Oportun Financial (NASDAQ:OPRT) and raises the price target from $7 to $9.
August 10, 2023 | 3:57 pm
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Oportun Financial's price target has been raised from $7 to $9 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Oportun Financial from $7 to $9 while maintaining a Market Outperform rating is likely to have a positive impact on the company's stock in the short term. This is because such an upgrade usually signals the analyst's increased confidence in the company's future performance, which can encourage investors to buy the stock, potentially driving up its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100