Craig-Hallum Maintains Buy on MoneyLion, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst George Sutton has reaffirmed a Buy rating on MoneyLion (NYSE:ML) and increased the price target from $30 to $55, indicating a positive outlook on the company's stock.

December 12, 2023 | 3:40 pm
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POSITIVE IMPACT
MoneyLion's stock rating has been maintained as Buy by Craig-Hallum, with a significant increase in the price target from $30 to $55, suggesting strong confidence in the company's future performance.
The increase in the price target for MoneyLion by a reputable analyst typically signals a bullish outlook, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price. The substantial raise from $30 to $55 reflects a strong conviction in the company's growth prospects and financial health, which may attract more investors and boost the stock's performance in the market.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100