BTIG initiated coverage of Upstart with a Sell rating and $14 price target. While Upstart continues to be one of the most shorted names in the firm’s coverage, BTIG believes this is warranted as the company has yet to prove out its path to profitability.
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Read More on UPST:
- Upstart Holdings call volume above normal and directionally bullish
- Flutter initiated, SentinelOne upgraded: Wall Street’s top analyst calls
- Upstart upgraded to Neutral from Sell at Redburn Atlantic
- Short Report: GroupOn bears refresh their bets as shares bounce
- Upstart price target lowered to $17 from $23 at Mizuho