Northland initiated coverage of Sezzle with an Outperform rating and $119 price target. The alternative payment platform offers interest-free installment plans for both online and in-person shopping and has created a Buy Now, Pay Later, or BNPL, offering that allows merchants to offer their customers an alternative and more flexible option to traditional credit, the analyst tells investors.
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Read More on SEZL:
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- Buy Now, Pay Later Sezzle Expands Payment Streaks Program to Canadian Users
- B. Riley starts Sezzle with Buy on ‘rapid adoption’ of BNPL
- Sezzle initiated with a Buy at B. Riley
- Sezzle Authorizes New $15 Million Stock Repurchase Program