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Benzinga
Benzinga
Business
Priya Nigam

Why Morgan Stanley Is 'Incrementally Negative' On Upstart

Credit performance and interest rates, both tailwinds for Upstart Holdings Inc. (NASDAQ:UPST) in 2021, have transformed into headwinds in 2022.

The Upstart Analyst: Morgan Stanley analyst James Faucette downgraded his rating for Upstart from Equal-Weight Underweight, while reducing the price target from $88 to $19.

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