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Upstart gets analyst upgrades on strong Q4, upbeat 2025 outlook


//stocks-investing.news-articles.net/content/202 .. t-upgrades-on-strong-q4-upbeat-2025-outlook.html
Published in Stocks and Investing on Wednesday, February 12th 2025 at 10:21 GMT by MSN   Print publication without navigation

  • Upstart Holdings Inc (NASDAQ:UPST) stock got JP Morgan and B. Riley upgrade after posting stronger-than-expected fourth-quarter results and issuing an upbeat 2025 outlook on a sharp rebound in growth.

Upstart Holdings Inc. received analyst upgrades following a robust fourth-quarter performance and an optimistic outlook for 2025. The company, which uses AI to assess creditworthiness, reported a significant increase in loan volume and revenue, surpassing expectations. This positive development led to price target increases from analysts at BTIG, Mizuho, and Piper Sandler, with Piper Sandler setting the highest target at $35, citing Upstart's potential to expand its network of lending partners and its focus on improving conversion rates. Despite these upgrades, the stock has experienced a year-to-date decline of 12.5%, though it saw a 10% surge in after-hours trading following the earnings release. The upgrades reflect confidence in Upstart's strategic direction and its ability to navigate the challenging economic environment.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/upstart-gets-analyst-upgrades-on-strong-q4-upbeat-2025-outlook/ar-AA1yUiKk ]

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