Shares of cloud-based financial services provider Blend Labs (NYSE:BLND) are trending as fintechs tech the center stage.
Investor interest in the stock remains high after Nuvei (NASDAQ:NVEI) agreed to acquire Paya (NASDAQ: PAYA) in a $1.3 billion deal. The acquisition now puts the spotlight on other names that could be potential targets for M&A including Blend.
Shares of the company have surged about 40% over the past month and average trading volume over the past ten days has hovered at about 1.2 million.
At the same time, the Street has a Hold Consensus rating on the stock alongside an average price target of $2.73. This points to a nearly 63.5% potential upside in the stock on top of the recent gains it has already posted.
Read full Disclosure
