As previously reported, Needham upgraded Upstart (UPST) to Buy from Hold with a $100 price target After having recently hosted investor meetings with the CFO and other executives, the analyst came away believing that Upstart has “achieved a proper balance in funding” and sees the better funding and strong balance sheet signaling “a bright future,” the analyst tells investors.
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Read More on UPST:
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- Upstart management to meet with Needham
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.