Green Dot (GDOT) Tops Q1 EPS by 18c; Withdraws Guidance

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Green Dot (GDOT) PT Raised to $40 at Needham & Company

May 12, 2020 6:31 AM EDT

Needham & Company analyst Mayank Tandon raised the price target on Green Dot (NYSE: GDOT) to $40.00 (from $30.00) while maintaining a Buy rating.

The analyst commented, "GDOT delivered a strong 1Q, handily beating revenue estimates on the back of strength in processing and settlement fees... More