Needham analyst Kyle Peterson initiated coverage of Sezzle (SEZL) with a Buy rating and $85 price target The company’s combination of growth and profitability is being underappreciated by investors, and the firm expects that Sezzle will be able to compound revenue and EPS growth at a 25% or more CAGR for the next several years due to the positive secular trends driving growth in BNPL – buy now pay later – as well as ongoing product expansion, and increased user engagement, the analyst tells investors in a research note.
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