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.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter