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Better Home & Finance initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of Better Home & Finance with an Overweight rating and $40 price target The stock offers a compelling entry point amid a narrative and model change from AI-powered lender to SaaS provider, the analyst tells investors in a research note. The company’s capital-light, marketplace-based lending model also reduces its credit exposure relative to traditional balance-sheet lenders, the firm added.

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