Citizens JMP raised the firm’s price target on Dave (DAVE) to $300 from $280 and keeps an Outperform rating on the shares. The firm says two key overhangs on the shares has been de-risked with around the company’s Q2 credit and the “ripple effects” between JP Morgan and Plaid on data pricing. Post the Q2 report, analyst models are still relatively conservative on Dace, both near term and into the next couple of years, the analyst tells investors in a research note. Citizens sees a number of new avenues for growth ahead, including new product launches coming online in 2026 and a more efficient financing model.
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