As previously reported, BTIG analyst Mark Palmer downgraded Green Dot to Neutral from Buy after the company "slashed" its FY19 earnings and adjusted EBITDA guidance that was largely driven by its $60M new marketing investment. While the shares were down over 20% in extended trading, the analyst says that he would "not be inclined to chase" the stock price at low levels because of the "significant uncertainty" created by the management's revised forecast. Palmer forecasts Green Dot to trade within 15% on the upside or downside of its current levels over the next 12 months.