Green Dot price target raised to $14 from $12 at Northland

Northland analyst Mike Grondahl raised the firm’s price target on Green Dot (GDOT) to $14 from $12 and keeps an Outperform rating on the shares following what the firm calls “a solid beat and raise quarter across the board.” Green Dot reiterated that its review of strategic alternatives, announced in March, is part of the board’s fiduciary duty and management noted that updates will be shared as appropriate, the analyst noted.