- Barclays lowered its price target on Oportun Financial ( NASDAQ: OPRT ) to $15 from prior $27 in a research note issued on Monday. Rating remains unchanged at Overweight.
- The cut follows the plunge in stock price, where financial services company has lost 65% in the past nine months price performance with shares currently trading at 52-week low of $8.12 , down 5% on Monday.
- Keefe, Bruyette & Woods' analyst also joined to slice its price target on OPRT to a $14/share vs. prior $21/share.
- Seeking Alpha Quant Rating System gives a Hold while Wall Street analysts, on an average, maintain a Buy rating on the stock.
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Oportun Financial gets price target cut at Barclays as stock slides to 52-week low