Sezzle Inc. (SEZL) stock surged 9.01% in the intraday trading session on Thursday, driven by positive analyst actions and raised price targets on the company's shares.
Northland analyst Mike Grondahl increased the firm's price target on Sezzle to $360 from $300, maintaining an Outperform rating on the stock. Meanwhile, B. Riley analyst also adjusted Sezzle's price target upward to $372 from $353, reiterating a Buy rating.
The bullish analyst moves suggest growing confidence in Sezzle's business prospects and potential for further stock appreciation. Investors are responding favorably to the improved price targets, fueling the significant intraday rally in Sezzle's share price.
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