Green Dot (GDOT) Tops Q2 EPS by 11c; Raises Outlook

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Green Dot (GDOT) PT Raised to $76 at Cowen Following 2Q

August 9, 2018 7:51 AM EDT

Cowen raised its price target on Green Dot (NYSE: GDOT) to $76.00 (from $65.00) while maintaining a Market Perform rating following the company's 2Q earnings report. Revenue of $258M was up 16% and was ~$6.5M ahead of Cowen's above consensus estimate. Revenue growth was contributed... More