Citi raised the firm’s price target on Pagaya (PGY) to $40 from $16.50 and keeps a Buy rating on the shares. The firm cites higher network growth assumptions on better private credit momentum for the target increase. Pagaya remains Citi’s top pick in the lending technology group.
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Read More on PGY:
- Positive Outlook for Pagaya Technologies Ltd. Amid Strong Performance and Strategic Positioning
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