Reported 2 days ago
Citizens has maintained its Market Perform rating for Upstart Holdings (NASDAQ:UPST) amid concerns about rising delinquencies in subprime lending. The reaffirmation comes as consumer finance stocks have declined from recent highs, influenced by factors like the upcoming resumption of student loan repayments and tariff impacts on pricing. Although Upstart Holdings operates a promising AI lending platform, Citizens suggests that other AI stocks may present better investment opportunities.
Source: YAHOO