UPDATE: Piper Jaffray Downgrades Green Dot to Neutral
October 09, 2013 at 08:20 AM EDT
In a report published Wednesday, Piper Jaffray's Michael Grondahl downgraded shares of Green Dot Corporation (NYSE: GDOT ) from Overweight to Neutral. The price target was decreased from $28.00 to $26.00. Grondahl noted, "After a great run, we believe GDOT shares are now poised for a pause or even