UPDATE: J.P. Morgan Upgrades Green Dot Following Solid 3Q Results, Recent Share Weakness
November 01, 2013 at 08:55 AM EDT
In a report published Friday, J.P. Morgan analyst Tien-tsin Huang upgraded the rating on Green Dot (NYSE: GDOT ) from Neutral to Overweight, and raised the price target from $26.00 to $27.00. In the report, J.P. Morgan noted, “We're taking up our price target modestly to $27 (from $26) and