Citi analyst Peter Christiansen lowered the firm’s price target on Upstart (UPST) to $80 from $100 and keeps a Buy rating on the shares following the Q3 report. The firm reduced fee revenue estimates to reflect production risk.
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Read More on UPST:
- Upstart price target lowered to $71 from $81 at BofA
- Cautious Outlook on Upstart Holdings Amid Revenue and Loan Origination Challenges
- Upstart Holdings: Hold Rating Amid Declining Financial Metrics and Elevated Macro Index Impact
- Upstart Holdings, Inc. Reports Strong Revenue Growth and Profitability
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