Green Dot (GDOT) Tops Q1 EPS by 5c, Raises Rev Guiance

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Go back to Green Dot (GDOT) Tops Q1 EPS by 5c, Raises Rev Guiance

Compass Point Upgrades Green Dot (GDOT) to Buy

May 1, 2013 8:12 AM EDT

Compass Point upgraded Green Dot (NYSE: GDOT) from Neutral to Buy with a price target of $20.00 (from $15.00) following better-than-expected Q1 results.

The analyst comments, "Green Dot reported a 1Q'13 earnings beat. Walmart linked revenue increased 11% from the prior year quarter following 14% growth reported in 4Q'12... More