Piper Sandler raised the firm’s price target on Upstart (UPST) to $105 from $85 and keeps an Overweight rating on the shares. The firm notes Upstart came in well ahead of Q4 elevated expectations. The company is now targeting FY25 revenues of $1B, Piper adds.
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Read More on UPST:
- Upstart price target raised to $39 from $33 at BofA
- Upstart Holdings: Strong Growth, Strategic Advancements Reinforce Buy Rating
- Cautious Optimism for Upstart Holdings Amid Improved Metrics and Underlying Risks
- Upstart Holdings’ Strong Q4 Performance and Optimistic 2025 Outlook Drive Buy Rating and Increased Price Target
- Upstart upgraded to Buy from Neutral at B. Riley
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