BUZZ-Northland upgrades Green Dot to 'outperform' amid strategic review

Reuters
04-09
BUZZ-Northland upgrades <a href="https://laohu8.com/S/GDOT">Green Dot</a> to 'outperform' amid strategic review 

** Northland Securities upgrades digital bank and fintech firm Green Dot GDOT.N to "outperform" from "market perform"

** Says GDOT has been talking about a turnaround for several years which hasn't materialized and it believes the bank is serious about a sale

** GDOT last month announced it had hired Citigroup C.N to explore potential strategic alternatives

** Brokerage says GDOT could be worth more than its current market cap in a sale, with the bank's various businesses likely to attract significant value, especially when broken apart

** Expects GDOT's tax and payroll card businesses as well its Utah banking charter to attract interest

** One of 5 brokerages rate the stock "buy", 3 "hold" and 1 "sell"; median PT $11 - data compiled by LSEG

** As of last close, GDOT stock down 37% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10