Dave price target raised to $185 from $150 at Barrington

Barrington raised the firm’s price target on Dave (DAVE) to $185 from $150 and keeps an Outperform rating on the shares. The company’s Q1 results were much better than consensus expectations, the analyst tells investors in a research note. The firm says Dave reported new records across nearly all key operating and financial metrics, “underscoring the strength and scalability of the company’s business model.”