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Oppenheimer cites three reasons for upgrading MoneyLion to Outperform
The Fly

Oppenheimer cites three reasons for upgrading MoneyLion to Outperform

As previously reported, Oppenheimer upgraded MoneyLion (ML) to Outperform from Perform with an $80 price target The firm cites three reasons: Q3 results that suggest MoneyLion is benefiting from the lower rate environment; yesterday’s Republican election win, which it thinks could promote less banking regulation and drive MoneyLion’s product innovation; and the view that lower-income consumer spending may be improving.

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