Canaccord Genuity Maintains Hold on Open Lending, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi maintains a Hold rating on Open Lending (NASDAQ:LPRO) and lowers the price target from $7 to $6.

May 08, 2024 | 3:35 pm
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Canaccord Genuity maintains a Hold rating on Open Lending and lowers the price target from $7 to $6.
The reduction in price target by Canaccord Genuity suggests a bearish outlook on Open Lending's short-term price potential, likely due to revised earnings expectations or market conditions. This adjustment could lead to a negative investor sentiment towards LPRO, potentially causing a short-term decrease in its stock price.
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