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Fly News Breaks for July 17, 2018
GDOT
Jul 17, 2018 | 08:48 EDT
Craig-Hallum analyst Brad Berning raised his price target for Green Dot to $95 from $80, while reiterating a Buy rating on the shares. The analyst believes Green Dot's story is still not well understood/followed and argues it could be a $140 stock in 2 years. Berning believes this story will continue to gain attention as more investors understand and appreciate Green Dot's "Trojan Horse," which is its new distribution model.
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