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Fly News Breaks for January 19, 2017
GDOT
Jan 19, 2017 | 06:46 EDT
Jefferies analyst Ramsey El-Assal raised his price target for Green Dot to $32 saying the valuation should move higher as momentum builds throughout 2017. Pricing from higher monthly fees is the most important driver, but the company should also benefit from margin expansion and continued buybacks, El-Assal tells investors in a research note. He keeps a Buy rating on Green Dot.
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