BMO Capital Downgrades Mogo Finance Technology (MOGO) to Market Perform

August 16, 2019 8:29 AM EDT
Get Alerts MOGO Hot Sheet
Price: $10.06 -4.91%

Rating Summary:
    3 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 3 | Down: 2 | New: 21
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BMO Capital analyst Nik Priebe downgraded Mogo Finance Technology (NASDAQ: MOGO) from Outperform to Market Perform with a price target of $3.50 (from $7.00).

  • The combination of slowing top-line growth and deteriorating credit quality makes it increasingly difficult to justify an Outperform (S) rating, in our view.

For an analyst ratings summary and ratings history on Mogo Finance Technology click here. For more ratings news on Mogo Finance Technology click here.

Shares of Mogo Finance Technology closed at $3.10 yesterday.

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