JP Morgan Maintains Underweight on Upstart Hldgs, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith maintains an Underweight rating on Upstart Holdings (NASDAQ:UPST) but raises the price target from $27 to $30.
August 20, 2024 | 2:55 pm
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JP Morgan has maintained an Underweight rating on Upstart Holdings but increased the price target from $27 to $30, indicating a slightly more positive outlook.
The increase in price target suggests a slightly improved outlook, but the maintained Underweight rating indicates continued caution. This mixed signal may result in a neutral short-term impact on UPST's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100