Dave price target raised to $365 from $335 at Citizens

Citizens analyst Devin Ryan raised the firm’s price target on Dave (DAVE) to $365 from $335 and keeps an Outperform rating on the shares. Dave delivered a strong “beat-and-raise” quarter, demonstrating a durable growth model through user and ARPU expansion, improved monetization and credit control, and rising profitability, with additional upside from underappreciated initiatives like CashAI, pricing optimization, and new product features still ahead, the analyst tells investors in a research note.