2023-07-25 14:38:00 ET
Shares of Upstart (NASDAQ: UPST) were moving higher today after one research firm hiked its price target on the stock and called for better-than-expected results in its upcoming second-quarter earnings report. Upstart also seemed to benefit from another short squeeze .
As a result, Upstart stock was up 18.6% as of 1:47 p.m. ET.
BTIG lifted its price target on Upstart from $42 to $72 this morning and maintained a buy rating on the artificial intelligence (AI)-based consumer lending company.
For further details see:
Why Upstart Stock Popped Today