Dave shares are trading higher after Barrington Research upgraded the stock from Market Perform to Outperform and announced a $45 price target.
Portfolio Pulse from Benzinga Newsdesk
Dave shares are trading higher following an upgrade by Barrington Research from Market Perform to Outperform, with a new price target of $45.
April 23, 2024 | 2:52 pm
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POSITIVE IMPACT
Dave's stock received an upgrade from Barrington Research, moving from Market Perform to Outperform, alongside a significant price target increase to $45.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a positive outlook on the company's future performance. The substantial increase in the price target to $45 by Barrington Research indicates a strong conviction in Dave's potential for growth, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100