UPST News and Press, Upstart Holdings Inc. From 02/15/24

2024-02-15 06:50:00 ET Lending platform Upstart (NASDAQ: UPST) , which uses artificial-intelligence (AI) technology to provide an alternative to traditional credit scores for its bank and credit union partners, is struggling in a tough economic environment. Banks are tightening lend...

2024-02-15 01:30:00 ET Summary Vision Capital is fundamental-driven, bottom-up, and only focuses on investing in long-only publicly-listed equities. For 2023, Vision Capital returned +69.9% versus the S&P 500’s +24.0%. A large majority of our holdings were sold off ...

2024-02-14 16:30:02 ET Wedbush analyst issues UNDERPERFORM recommendation for UPST on February 14, 2024 04:00PM ET. The previous analyst recommendation was Underperform. UPST was trading at $26.46 at issue of the analyst recommendation. The overall analyst consensus : HO...

2024-02-14 16:30:02 ET Goldman Sachs analyst issues SELL recommendation for UPST on February 14, 2024 04:00PM ET. The previous analyst recommendation was Sell. UPST was trading at $26.46 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Cu...

2024-02-14 16:00:10 ET Michael Ng from Goldman Sachs issued a price target of $12.00 for UPST on 2024-02-14 16:00:00. The adjusted price target was set to $12.00. At the time of the announcement, UPST was trading at $26.46. The overall price target consensus is at $40.89...

2024-02-14 16:00:09 ET Arvind Ramnani from Piper Sandler issued a price target of $24.00 for UPST on 2024-02-14 16:00:00. The adjusted price target was set to $24.00. At the time of the announcement, UPST was trading at $26.46. The overall price target consensus is at $4...

2024-02-14 13:54:31 ET More on Mid-day movers & stocks. Financial information for Brera Holdings PLC Financial information for Datasea Seeking Alpha’s Quant Rating on Tenon Medical Historical earnings data for Tenon Medical Financial inform...

2024-02-14 12:35:04 ET Investors disapproved of Upstart 's (NASDAQ: UPST) fourth-quarter earnings report after the loan originator, which employs artificial intelligence, posted middling results and gave disappointing guidance. As of 10:36 a.m. ET on Wednesday, the stock was dow...

2024-02-14 12:00:23 ET More on Financials: XLF: Far More Than Banks XLF: How Exposed Is It To Inflation And Fluctuating Rates? XLF: The 2024 Financials Sector Outlook Is Concerning Riot, CleanSpark, Marathon dominate week's financial gainers amid bitcoin rall...

2024-02-14 09:58:45 ET Summary Upstart Holdings' highly anticipated Q4 2023 results have led me to turn neutral on the stock. I highlight concerns about Upstart's high debt levels and poor profitability profile. Despite the allure of advanced technology, Upstart's financial ch...