Green Dot (GDOT) Tops Q1 EPS by 22c

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Compass Point Downgrades Green Dot (GDOT) to Neutral

May 8, 2015 7:14 AM EDT

Compass Point downgraded Green Dot (NYSE: GDOT) from Buy to Neutral with a price target of $18.00 (from $22.00).

Analyst Michael Tarkan commented, "We are downgrading GDOT to Neutral, from Buy, and are cutting our price target to $18, from $22, after the company reported better-than-expected... More