Raymond James Maintains Outperform Rating for Open Lending: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for Open Lending (NASDAQ:LPRO) and increased its price target from $10.00 to $12.00. This new target represents a 44.58% increase from the current share price. Open Lending's shares have risen by 4.27% over the last 24 hours.
August 10, 2023 | 5:00 pm
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Raymond James has maintained its Outperform rating for Open Lending and raised its price target, indicating a positive outlook for the company. The stock has already seen a 4.27% increase in the last 24 hours.
The decision by Raymond James to maintain its Outperform rating and raise the price target for Open Lending indicates a positive outlook for the company's stock. This news, coupled with the recent 4.27% increase in the stock's price, suggests a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100