Canaccord lowered the firm’s price target on Open Lending to $6 from $7 and keeps a Hold rating on the shares. The firm said the company’s Q1 results were highlighted by steady execution versus guidance across the business.
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Read More on LPRO:
- Open Lending to Announce First Quarter 2024 Results on May 7, 2024
- Open Lending price target lowered to $7 from $7.50 at Canaccord
- Open Lending ‘remains on track’ to achieve Q1 guidance for certified loans
- Open Lending CEO Keith Jezek steps down, Chuck Jehl named COO, interim CEO
- Open Lending Announces CEO Transition and Interim Leadership