DA Davidson analyst Christopher Brendler upgraded Sezzle to Buy from Neutral with an unchanged price target of A$1 after what he calls "another encouraging monthly update," highlighted by "an impressive pivot to profitability" that leaves him "increasingly optimistic" on Sezzle. The market has been "rightfully concerned" about interest rates, credit quality, and liquidity, but he believe Sezzle’s successful merchant repricing "suggests BNPL is here to stay," Brendler tells investors.
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Published first on TheFly