Citi Downgrades Green Dot (GDOT) to Neutral Citing Valuation Following Recent Strength

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Go back to Citi Downgrades Green Dot (GDOT) to Neutral Citing Valuation Following Recent Strength

Green Dot (GDOT) PT Raised to $66 at Keefe, Bruyette & Woods

November 15, 2017 8:55 AM EST

Keefe, Bruyette & Woods raised its price target on Green Dot (NYSE: GDOT) to $66.00 (from $56.00) while maintaining a Market Perform rating following the company's 3Q earnings report.

Keefe, Bruyette & Woods raised 2017, 2018, and 2019 EPS estimates to $2.12 (from $2.03), $2.48 (from $2.35), and $2.80 (from $2.63), to reflect stronger top-line growth.

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