Upstart Holdings (UPST) Target Price Raised to $45 by Wedbush

Oct 16, 2024

Wedbush has significantly increased its target price for the lending platform Upstart Holdings (UPST, Financial) from $10 to $45. The firm's rating for Upstart has also improved from "underperform" to "neutral."

The adjustment is attributed to improved credit quality and a decline in interest rates, factors that are expected to support an increase in loan originations.

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