Northland Securities Sticks to Its Buy Rating for Green Dot (GDOT)
In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Green Dot, with a price target of $16.00. The company’s shares closed yesterday at $13.94.
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According to TipRanks, Grondahl is a 5-star analyst with an average return of 11.7% and a 47.94% success rate. Grondahl covers the Financial sector, focusing on stocks such as WisdomTree, Bitcoin Depot, and Green Dot.
In addition to Northland Securities, Green Dot also received a Buy from Craig-Hallum’s George Sutton in a report issued yesterday. However, on August 25, William Blair maintained a Hold rating on Green Dot (NYSE: GDOT).
Based on Green Dot’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $504.18 million and a GAAP net loss of $47.03 million. In comparison, last year the company earned a revenue of $407.12 million and had a GAAP net loss of $28.72 million
Read More on GDOT:
Disclaimer & DisclosureReport an Issue
- Green Dot Announces Exit from China Operations
- Green Dot to exit operational activities in China by the end of 2025
- Green Dot Corp’s Earnings Call Highlights Growth Amid Challenges
- Cautious Optimism Amidst Transformation: Green Dot’s Strategic Shift and Challenges
- Green Dot management to meet with Craig-Hallum
