JMP Securities Downgrades Oportun Financial to Market Perform
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf downgraded Oportun Financial (NASDAQ:OPRT) from Market Outperform to Market Perform, indicating a neutral outlook on the company's stock.
March 15, 2024 | 9:01 am
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NEUTRAL IMPACT
Oportun Financial was downgraded by JMP Securities from Market Outperform to Market Perform, suggesting a shift to a neutral stance on the stock.
The downgrade by JMP Securities from Market Outperform to Market Perform suggests that the analyst sees limited upside potential in the stock in the short term. This neutral rating may lead investors to reassess their expectations for OPRT's performance, potentially stabilizing or slightly impacting the stock's price movement in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100