Wedbush Places Green Dot (GDOT) on Best Ideas List, Maintains Outperform Rating

May 10, 2011 10:19 AM EDT
Get Alerts GDOT Hot Sheet
Price: $13.53 +0.15%

Rating Summary:
    5 Buy, 24 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Wedbush is maintaining its Outperform rating and $68 price target on shares of Green Dot (NYSE: GDOT) as it now is on the firms Best Ideas List!.

The firm believes Green Dot will continue its impressive 30%+ top line growth as it
leads the rapidly evolving reloadable prepaid category and will supplement this growth with margin expansion starting later this year.

Wedbush's current FY11 and FY12 EPS estimates are $1.60 and $2.13.

For more ratings news on Green Dot click here and for the rating history of Green Dot click here.

Shares of Green Dot closed at $39.25 yesterday.


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