Green Dot (GDOT) Tops Q1 EPS by 16c

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Green Dot (GDOT) PT Raised to $40 at Citi; 'Steady Progress'

May 10, 2017 6:41 AM EDT

Citi raised its price target on Green Dot (NYSE: GDOT) to $40.00 (from $39.00) while maintaining a Buy rating following 'steady progress' in Q1.

Analyst Ashwin Shirvaikar noted several positive items: (i) Customer/usage characteristics were better (e.g. positive mix shift to longer-term, higher usage... More