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Benzinga

Business

Dylan Berman

Upstart Stock Is Trading Higher Tuesday: What's Going On?

Upstart,Headquarters,In,San,Mateo,,Ca,,Usa,-,June,7,

Upstart Holdings Inc. (NASDAQ:UPST) stock is trading higher Tuesday. The movement appears to be driven by positive analyst coverage.

What Happened: Piper Sandler analyst Patrick Moley assumed Upstart with an Overweight rating on Tuesday and announced a price target of $75. The analyst sees significant upside potential to near-term earnings.

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