JMP Securities Maintains Market Outperform on Open Lending, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf has maintained a Market Outperform rating on Open Lending (NASDAQ:LPRO) and increased the price target from $7 to $9.
January 12, 2024 | 12:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JMP Securities analyst David Scharf maintains a bullish Market Outperform rating on Open Lending and raises the price target to $9, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a strong conviction in the company's future performance. This positive analyst action can often lead to a short-term increase in stock price as it may influence investor sentiment and attract more buyers.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100