B. Riley raised the firm’s price target on Dave (DAVE) to $239 from $206 and keeps a Buy rating on the shares after meeting with management. The firm came away confident in its belief that Dave is “set up to thrive” in the current economic environment and that its pricing change has been a “strong catalyst” for increased monetization and lifetime customer value. Riley also sees the company as introducing new offerings in 2026 in buy now pay later that can add a large customer product adjacency to its current neobanking offerings.
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