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Sezzle price target raised to $99 from $76 at B. Riley

B. Riley raised the firm’s price target on Sezzle (SEZL) to $99 from $76 and keeps a Buy rating on the shares. Sezzle delivered strong Q4 results with revenue up 32% year over year and adjusted EPS of $1.21, surpassing forecasts, while provisions for credit losses improved over 100 basis points and underlying merchant sales grew 35% y/y despite tighter credit conditions, the analyst tells investors in a research note. The firm remains a buyer of the shares.

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