Sezzle price target raised to $122 from $94 at Needham

Needham raised the firm’s price target on Sezzle (SEZL) to $122 from $94 and keeps a Buy rating on the shares. The company’s Q1 delivering an impressive beat and raise as strong Gross Merchandise Volume growth, a higher take rate, and better-than-expected credit performance all contributed to a sizable beat, the analyst tells investors in a research note.