MoneyLion price target raised to $109 from $75 at Lake Street

Lake Street analyst Jacob Stephan raised the firm’s price target on MoneyLion to $109 from $75 and keeps a Buy rating on the shares. After having hosted MoneyLion management for a fireside chat and a series of investor meetings, the firm came away more confident in the company’s ability to win market share, drive 20%-plus revenue growth, and expand margins, the analyst tells investors.