MoneyLion price target raised to $30 from $25 at Craig-Hallum

Craig-Hallum raised the firm’s price target on MoneyLion to $30 from $25 and keeps a Buy rating on the shares. “The market has caked MoneyLion with skepticism since it came public via a SPAC over two years ago,” the firm says. In Craig-Hallum’s view, however, the market can’t ignore the incredible progress the business has made relative to both profitability and cash flow.