Form 8-K Upstart Holdings, Inc. For: Aug 06

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Citi Upgrades Upstart Holdings Inc (UPST) to Neutral, 'Green Shoots Emerge'

August 7, 2024 7:14 AM EDT

Citi analyst Peter Christiansen upgraded Upstart Holdings Inc (NASDAQ: UPST) from Sell to Neutral with a price target of $33.00 (from $15.00).

The analyst comments "2Q24 results were mixed with a 3-4% miss on fee revenue (volume miss) offset by better FV marks. Yet,... More