Needham Maintains Buy on MoneyLion, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Kyle Peterson has maintained a Buy rating on MoneyLion (NYSE:ML) and increased the price target from $90 to $100.
May 08, 2024 | 9:49 am
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POSITIVE IMPACT
Needham analyst Kyle Peterson reaffirms a Buy rating on MoneyLion and raises the price target to $100.
The increase in price target by a reputable analyst like Kyle Peterson from Needham is a strong positive signal for MoneyLion. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100