Dave price target raised to $58 from $54 at Seaport Research

Seaport Research analyst Jeff Cantwell raised the firm’s price target on Dave to $58 from $54 and keeps a Buy rating on the shares. Based on the firm’s recent conversation with CEO Jason Wilk and CFO Kyle Beilman, Seaport believes the company has significant runway to further grow its user base, deepen customer relations, and drive profitable growth, the analyst tells investors.