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Fly News Breaks for March 6, 2019
GSKY
Mar 6, 2019 | 08:48 EDT
SunTrust analyst Andrew Jeffrey raised his price target on GreenSky to $14 and kept his Buy rating after its Q4 earnings beat and higher than expected FY19 outlook. The analyst notes that "investors are valuing strong tx growth" and he's gaining in confidence about the company's momentum despite the low visibility around its credit costs. As long as bank liquidity is ample, Jeffrey says the stock should continue to "work".
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