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Fly News Breaks for October 11, 2017
GDOT
Oct 11, 2017 | 08:48 EDT
Lake Street analyst Josh Elving downgraded Green Dot to Hold saying the valuation is full at current levels. The analyst upped his price target for the shares to $55 from $44. The recent rally reflects an improvement in legacy fundamentals and much of the potential growth from new initiatives, including Apple Pay Cash, Elving tells investors in a research note.
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