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Fly News Breaks for December 10, 2018
GSKY
Dec 10, 2018 | 09:08 EDT
Sandler O'Neill analyst Christopher Donat upgraded GreenSky to Buy and raised his price target for the shares to $13 from $10. After meeting with CEO David Zalik, the analyst is more confident in bank partner relationships. GreenSky's current bank commitments should be more than sufficient for the next 18 months and the company has opportunities to become more than an indirect originator of loans on bank balance sheets, Donat tells investors in a research note.
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